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Shares of JBF Industries were trading 2% higher at Rs 313 on the National Stock Exchange (NSE) ahead of the board meeting today to consider fund raising plan through preferential issue.
In a regulatory filing, JBF Industries said that a meeting of board of directors of the company will be held on July 31, 2015, inter alia, to transact urgent business to seek consent of the board of directors for the issue of equity shares and/or warrants on preferential allotment basis, to banks (Indian and/or foreign)/ Indian and/or foreign financial institutions / private equity investors I private corporate bodies / foreign institutional investor and/or their sub accounts / overseas corporate bodies / venture capital funds / foreign company and/or others.
The stock opened at Rs 313 and touched a record high of Rs 319 on the NSE in early morning trade. Till 09:26 hours, a combined 251,178 shares changed hands on the counter on the NSE and BSE.
In a regulatory filing, JBF Industries said that a meeting of board of directors of the company will be held on July 31, 2015, inter alia, to transact urgent business to seek consent of the board of directors for the issue of equity shares and/or warrants on preferential allotment basis, to banks (Indian and/or foreign)/ Indian and/or foreign financial institutions / private equity investors I private corporate bodies / foreign institutional investor and/or their sub accounts / overseas corporate bodies / venture capital funds / foreign company and/or others.
The stock opened at Rs 313 and touched a record high of Rs 319 on the NSE in early morning trade. Till 09:26 hours, a combined 251,178 shares changed hands on the counter on the NSE and BSE.
