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Q.

What is the out come AGM held on 6th July

About: Company: JSW Steel Ltd.

Asked by yallamandaiah, 08 Jul '09 10:23 am
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Answers (1)

1.

Tuesday, 07 July 2009
JSW steel, the largest steel producer of the country got the approval of its shareholders to raise a fund of Rs 4775 crore through Qualified Institutional Placement for reducing companys debts. As told by Sajjan Jindal, Vice-Chairman and MD of the company, they got the nod of shareholders at the annual general meeting (AGM) and now the board of directors shall decide the date and quantum of the issue.
Answered by Rama Krishna Prasad Uppalapati, 09 Jul '09 10:52 am

 
  
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