Company Profile

JAYASWAL NECO INDUSTRIES LTD.

NSE : JAYNECOINDBSE : 522285ISIN CODE : INE854B01010Industry : Steel & Iron ProductsHouse : Private
BSE25.60-0.95 (-3.58 % )
PREV CLOSE (Rs.) 26.55
OPEN PRICE (Rs.) 26.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 67299
TODAY'S LOW / HIGH (Rs.)25.55 27.60
52 WK LOW / HIGH (Rs.)2.65 28
NSE25.90 -0.95 (-3.54 % )
PREV CLOSE(Rs.) 26.85
OPEN PRICE (Rs.) 27.45
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 25.90 (720 )
VOLUME 364054
TODAY'S LOW / HIGH(Rs.) 25.55 27.45
52 WK LOW / HIGH (Rs.)2.65 28.4

Company News

Date Heading Details
28-Sep-2021 Clarification sought from Jayaswal Neco Industries Ltd The Exchange has sought clarification from Jayaswal Neco Industries Ltd with respect to news article appearing on https://www.business-standard.com / September 27, 2021, titled "Bank of America-backed ACRE buys 32% stake in Jayaswal Neco Industries". The reply is awaited.
30-Aug-2021 Allotment of Equity Shares Preferential Issue of shares & inter alia, 1. Amendment in Article of Association of Company as given below: (i) To provide affirmative voting rights to the ACRE Trusts; (ii) To provide rights of the ACRE Trusts in relation to Nominee Directors; and (iii) The consent of the ACRE Trusts will be prerequisite for any change in the clauses of the Articles of the Company which impacts the rights of the ACRE Trusts. (iv) Right of first offer in favor of the promoters of the Company with respect to the converted equity held by the Investors. 2. Further issue of Equity Shares to the Promoters and the ACRE Trusts on preferential basis pursuant to the terms of the executed Restructuring Support Agreement and Shareholders' Agreement The information in connection with the Preferential Issue pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9,2015, is enclosed as Annexure to this letter 3. Convening of Extra Ordinary General Meeting The Board of Directors has approved the convening of an Extra Ordinary General Meeting of the Shareholders of the Company on Thursday, 23rd September, 2021 through Video Conferencing ("VC") or Other Audio-Visual Means ("OAVM") for consideration of the above mentioned items 4.Extension of due date of holding Annual General Meeting (AGM) for the Financial Year ended on 31st March, 2021. The Board has noted the approval of the Registrar of Companies, Mumbai for the extension of \due date for holding Annual General Meeting for the Financial Year ended on 31 st March, 2021 for the period of 3 Months i.e. upto 31st December, 2021. Accordingly, the Company will hold AGM for the financial year ended on 31 st March, 2021 on or before 31 st December, 2021.
30-Aug-2021 Extension for AGM Preferential Issue of shares & inter alia, 1. Amendment in Article of Association of Company as given below: (i) To provide affirmative voting rights to the ACRE Trusts; (ii) To provide rights of the ACRE Trusts in relation to Nominee Directors; and (iii) The consent of the ACRE Trusts will be prerequisite for any change in the clauses of the Articles of the Company which impacts the rights of the ACRE Trusts. (iv) Right of first offer in favor of the promoters of the Company with respect to the converted equity held by the Investors. 2. Further issue of Equity Shares to the Promoters and the ACRE Trusts on preferential basis pursuant to the terms of the executed Restructuring Support Agreement and Shareholders' Agreement The information in connection with the Preferential Issue pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9,2015, is enclosed as Annexure to this letter 3. Convening of Extra Ordinary General Meeting The Board of Directors has approved the convening of an Extra Ordinary General Meeting of the Shareholders of the Company on Thursday, 23rd September, 2021 through Video Conferencing ("VC") or Other Audio-Visual Means ("OAVM") for consideration of the above mentioned items 4.Extension of due date of holding Annual General Meeting (AGM) for the Financial Year ended on 31st March, 2021. The Board has noted the approval of the Registrar of Companies, Mumbai for the extension of \due date for holding Annual General Meeting for the Financial Year ended on 31 st March, 2021 for the period of 3 Months i.e. upto 31st December, 2021. Accordingly, the Company will hold AGM for the financial year ended on 31 st March, 2021 on or before 31 st December, 2021.
30-Aug-2021 Preferential Issue of Shares Preferential Issue of shares & inter alia, 1. Amendment in Article of Association of Company as given below: (i) To provide affirmative voting rights to the ACRE Trusts; (ii) To provide rights of the ACRE Trusts in relation to Nominee Directors; and (iii) The consent of the ACRE Trusts will be prerequisite for any change in the clauses of the Articles of the Company which impacts the rights of the ACRE Trusts. (iv) Right of first offer in favor of the promoters of the Company with respect to the converted equity held by the Investors. 2. Further issue of Equity Shares to the Promoters and the ACRE Trusts on preferential basis pursuant to the terms of the executed Restructuring Support Agreement and Shareholders' Agreement The information in connection with the Preferential Issue pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9,2015, is enclosed as Annexure to this letter 3. Convening of Extra Ordinary General Meeting The Board of Directors has approved the convening of an Extra Ordinary General Meeting of the Shareholders of the Company on Thursday, 23rd September, 2021 through Video Conferencing ("VC") or Other Audio-Visual Means ("OAVM") for consideration of the above mentioned items 4.Extension of due date of holding Annual General Meeting (AGM) for the Financial Year ended on 31st March, 2021. The Board has noted the approval of the Registrar of Companies, Mumbai for the extension of \due date for holding Annual General Meeting for the Financial Year ended on 31 st March, 2021 for the period of 3 Months i.e. upto 31st December, 2021. Accordingly, the Company will hold AGM for the financial year ended on 31 st March, 2021 on or before 31 st December, 2021.
25-Aug-2021 Board Meeting Intimation for Notice Of Board Meeting To Be Held On 28Th August, 2021. JAYASWAL NECO INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/08/2021 ,inter alia, to consider and approve a) Further issue of Equity Shares to the Promoters and the ACRE Trusts on preferential basis pursuant to the terms of the executed Restructuring Support Agreement and Shareholders' Agreement. b) Amendment in Articles of Association of the Company pursuant to the terms of the executed Restructuring Support Agreement and Shareholders' Agreement. c) Convening the Extra-Ordinary General Meeting of the members of the Company for consideration of the above mentioned items.
16-Aug-2021 Appointment of Director inter alia, 1.Approved the appointment of Shri Ashwini Kumar as an Independent Director of the Company with effect from 14th August, 2021 subject to approval of the members in the General meeting. The Company also confirms that the appointee is not debarred from holding the office of Director of any Company by virtue of any SEBI order or by order of any other authority.
09-Aug-2021 Board Meeting Intimation for Unaudited Financial Results - For The Quarter Ended 30Th June, 2021 JAYASWAL NECO INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2021 ,inter alia, to consider and approve Unaudited Financial Results - for the Quarter ended 30th June, 2021
05-Dec-2020 Jayaswal Neco Industries informs about disclosure of related party transactions <P align=justify>Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jayaswal Neco Industries has informed that it has enclosed the Disclosure of Related Party Transactions on a consolidated basis in the format specified in the Accounting Standards for the half year ended 30th September, 2020.<P align=justify>The above information is a part of company's filings submitted to BSE.
30-Nov-2020 Jayaswal Neco Industries informs about newspaper publication <p align="justify">Jayaswal Neco Industries has informed that pursuant to Regulation 30 &amp; 47 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, the Company enclosed copies of the newspaper publication regarding the Annual General Meeting of the Company, Book Closure and E-Voting published on 29th November, 2020 in ‘Financial Express', and ‘Indian Express' in English language and in ‘Loksatta' in Marathi language.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>