
Board Meeting20 Jun 2026, 07:30 pm
Jattashankar Industries Approves 13.05 Lakh Convertible Warrants
AI Summary
Jattashankar Industries Ltd held a Board of Directors meeting on June 20, 2026, approving the allotment of 13,05,000 convertible warrants to non-promoter category entities. Each warrant is convertible into one equity share of face value Rs. 10 at an issue price of Rs. 92. The company also reported receipt of the second tranche of consideration for these warrants, amounting to Rs. 4,54,02,000. The meeting took place at the company's corporate office in Ahmedabad.
Key Highlights
- Board approved allotment of 13.05 lakh convertible warrants.
- Warrants issued to non-promoter category at Rs. 92 each.
- Company received Rs. 4.54 Cr as second tranche payment.
- Each warrant convertible into one equity share of Rs. 10 face value.
Price Impact
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