Jai Balaji Industries Ltd
Board Meeting Outcome for Board Meeting Outcome For Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI LODR) _OUTCOME Of Board Meeting
11:46 AM, 22nd Aug 2023
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that the Board of Directors of Jai Balaji Industries Limited (the Company) at its meeting held on Tuesday 22nd August 2023 which commenced at 11:00 a.m. and concluded at 11:30 a.m. have amongst other items of Agenda considered and approved the conversion of 5000000 warrants into 5000000 Equity shares of face value of Rs.10/- each out of the warrants allotted on 27th May 2022 on preferential allotment basis to M/s Hariaksh Industries Private Limited pursuant to exercise of their rights of conversion of warrants into Equity Shares and accordingly the Board of Directors have allotted 5000000 Equity Shares of face value of Rs.10/- each fully paid up on account of conversion.