Brief: JBF Industries to consider issue of 16.4 mln equity shares to KKR Jupiter Investors

JBF Industries

22/12/2015 08:56

Dec 22 (Reuters) - JBF Industries Ltd  JBFI.NS : 
 * To consider issue of 16.4 million fully paid up equity shares of inr 10 each 
   to Kkr Jupiter Investors Pte Ltd 
 
 * Source text: 
JBF Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 28, 2015, to transact following business: 
 
1. To issue and allot 1,63,74,370 fully paid up equity shares of Rs. 10/- each on preferential basis to KKR Jupiter Investors Pte Ltd., Singapore, at Rs. 300/- per equity share (at a premium of Rs. 290/- per equity share.) 
 
2. To appoint Independent Director. 
 
3. To appoint Nominee Director of the Investor. 
 
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