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Board of Jain Irrigation Systems allots 3.62 crore shares

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Capital Market

On conversion of debentures

The Board of Jain Irrigation Systems on 16 September 2017 has allotted 3.62 crore ordinary equity shares of Rs 2 each at a premium of Rs 78 each on conversion of 3.62 crore compulsorily convertible debentures of Rs 80 each to non promoter entity i.e. Mandala Rose Co-Investment, Mauritius on a preferential basis.

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First Published: Sep 16 2017 | 1:57 PM IST

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