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Outcome of board meeting of Jindal Steel & Power

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Capital Market
Last Updated : Oct 04 2017 | 12:03 AM IST

Held on 03 October 2017

The Board of Jindal Steel & Power transacted the following -

Appointment of Pradyuman Singh Dubey as a Nominee Director IDBI Bank.

Issuance of up to 4.80 crore convertible warrants to Opelina Finance and Investment, a promoter group entity on preferential basis.

Issuance of up to 14.20 crore equity shares to Nalwa Steel & Power, a promoter group entity on preferential basis.

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First Published: Oct 03 2017 | 9:34 PM IST

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