Held on 28 December 2015
JBF Industries announced that the Board of Directors of the Company at its meeting held on 28 December 2015, has passed resolutions on the following matters:1. To issue and allot 1,63,74,370 fully paid up equity shares of Rs. 10/- each on preferential basis to KKR Jupiter Investors, Singapore, at Rs. 300/- per equity share (at a premium of Rs. 290/- per equity share.)
2. To appoint Vijay Bapna as Additional Independent Director
3. To appoint Nikhil Srivastava as Additional Nominee Director as nominated by KKR Jupiter Investors, Singapore.
4. To appoint Kiran C. Vaidya as Chief Financial Officer (CFO) upon retirement of Purshottam Thakore, the retiring CFO.
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