"A meeting of the board of directors of the company is scheduled to be held on Friday, the March 16, 2018 to, inter-alia, consider issuance of securities to qualified institutional buyers by way of qualified institutions placement," the company said in a filing to BSE.
JSPL has presence in steel, power, mining and infrastructure sectors. The company operates coal-based sponge iron plant and has an installed capacity of 3 MTPA (million tonnes per annum) of steel at Raigarh in Chhattisgarh.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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