At meeting held on 10 October 2014
Jindal Saw announced that the Board of Directors of the Company at its meeting held on 10 October 2014, has approved the issuance of Compulsorily Convertible Debentures (CCDs) on preferential basis to Four Seasons Investments, a Promoter Group Company subject to the necessary approvals in this regard.The Board of Directors have also convened an extraordinary general meeting of the shareholders of the Company on 09 November 2014 at the registered office of the Company for seeking the approval of shareholders by way of special resolution for the above issuance of CCDs.
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