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Board of JMC Projects (India) finalise proposed rights issue

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Capital Market
Last Updated : Dec 31 2015 | 9:28 PM IST

At meeting held on 31 December 2015

The Board of Directors of JMC Projects (India) have approved the following at the meeting held on 31 December 2015 -

Appointment of Sandeep Sharma as Company Secretary, Compliance Officer and KMP.

Finalised the terms and conditions for proposed rights issue -
Record date - 12 January 2016
Rights Entitlement Ratio - 2:7
Issue price - Rs 201 per equity share of Rs 10 each
No. of rights shares to be issued - 74,62,686
Size of rights issue - Rs 149.99 crore

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First Published: Dec 31 2015 | 4:36 PM IST

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