
Jayaswal Neco to Convene EGM on May 21, 2026
Jayaswal Neco Industries Ltd. will convene an Extra-Ordinary General Meeting (EGM) on May 21, 2026. The board has approved audited financial statements and results for the quarter and year ended March 31, 2026, and noted the audit report. They approved the re-appointment of Mis. Manisha & Associates as Cost Auditor for FY 2026-27. Amendments to the Articles of Association (AOA) regarding warrant issuance were approved, subject to shareholder approval. The board also approved the issuance of 2,24,39,134 warrants at ₹89.13 each, totaling ₹200,00,00,013.42, via preferential issue on a private placement basis, to be utilized for setting up a new pellet plant and upgrades to the existing integrated steel plant.
Key Highlights
- EGM scheduled for May 21, 2026.
- Audited financial results for FY26 approved.
- Re-appointment of Mis. Manisha & Associates as Cost Auditor for FY27 approved.
- AOA amendment approved for warrant issuance, subject to shareholder approval.
- Approved issuance of 2,24,39,134 warrants at ₹89.13 each.
Price Impact
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