Business Standard

Jindal Steel & Power allots equity shares upon partial conversion of conv. warrants

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Capital Market

Of Re 1/- each

Jindal Steel & Power announced that the Board of Directors of the Company in its meeting held on 08 May 2019, has allotted 2,74,15,485 equity shares of Re 1/- each to Opelina Finance & Investment, at an issue price of Rs. 140.31 (including premium of Rs. 139.31). After the said conversion, the total number of warrants outstanding for conversion are 1,27,92,246.

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First Published: May 09 2019 | 10:44 AM IST

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