Q.
Previously i was an share holder of Jindal Vijaya Nagar steel with 100shares, . I thought that volume will do. then that shares changed to only four shares. any one interested only in volumes know. Why it happened
About: Company: JSW Steel Ltd.
Asked by Suresh Kanth,
12 Jun '09 04:20 pm
Earn 10 points for answering
Answers (1)
1.
Jindal Vijayanagar and Jindal Iron merged and new Company JSW STEEL formed and you get Share of JSW STEEL against your holding 0f 100 Shares in JVSL at the ratio of 1 sdhare in JSW STEEL against 22-23 Shares 0f JVSL.
Answered by LALCHAND SOVASARIA, 09 Mar '10 07:48 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received