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    JYOTISTRUC 16102024150131 Outcome

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    Sujay Kumar Bose

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    JYOTISTRUC 16102024150131 Outcome

    Uploaded by

    Sujay Kumar Bose
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    JYOTISTRUC_16102024150131_Outcome

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    4 views2 pages

    JYOTISTRUC 16102024150131 Outcome

    Uploaded by

    Sujay Kumar Bose

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    JYOTI STRUCTURES LIMITED

    Corporate Office: Valecha Chambers


    6th Floor, New Link Road Oshiwara
    Andheri (West) Mumbai -400053
    Corporate Identity No: L45200MH1974PLC017494

    Ref: JSL/HO/CS/GEN/24-25/880 Date: October 16, 2024

    BSE Limited, National Stock Exchange of India Limited,


    Phiroze Jeejeeboy Towers, Exchange Plaza, 5th Floor,
    Dalal Street, Fort, Plot No. C/1, G Block,
    Mumbai 400 001. Bandra Kurla Complex, Bandra (East),
    Mumbai 400 051.
    NSE Scrip Symbol: JYOTISTRUC
    BSE Scrip Code: 513250

    Dear Sir/Madam,

    Sub: Outcome of Board Meeting held on October 16, 2024

    Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we
    wish to inform you that the Board of Directors of the Company, at their meeting held today, i.e., October 16, 2024
    through MS Team (Audio/Video Conferencing) has inter alia considered and approved the following:

    1. This is in continuation to our intimation dated December 30, 2023 regarding the allotment of upto
    6,07,50,000 convertible warrants at an issue price of Rs.13.20 having face value Rs. 2/- and at a premium
    of Rs.11.20 each convertible into an equivalent number of Equity Shares.

    Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
    2015, this is to inform you that 3 (Three) of the said warrant holders have applied for conversion of Fully
    Convertible Warrants into Equity Shares along with payment of the remaining exercise price of Rs.9.90
    Per Warrant being 75% of the issue price (Rs.13.20) per warrant. Consequently, the Board of Directors
    has approved the conversion of the said warrants and allotment of equity shares to the warrant holders.

    2. Increase in Authorized Share Capital of the Company.


    3. Calendar of events for Extra-ordinary General Meeting of the Company.
    4. Notice for convening Extra-ordinary General Meeting of the Company.

    Kindly acknowledge receipt and update the same in your records.

    Thanking You.
    Yours faithfully,
    For Jyoti Structures Limited
    SONALI Digitally signed by SONALI
    KRISHNAJI GAIKWAD
    KRISHNAJI Date: 2024.10.16 14:54:51
    GAIKWAD +05'30'

    Sonali K. Gaikwad
    Company Secretary
    ACS 31201

    Nashik Factory: 52A/53A, D.Road, Satpur Industrial Complex, Nashik - 422007, Maharashtra, India
    Raipur Factory: 1037/1046, Sarora Ring Road, Urla Industrial Complex, Raipur - 493221, Chhattisgarh, India|
    Testing Station & R&D Center: Ubhade Shivar, Village - Deole, Ghoti - Bhandardara Road, Taluka - Igatpuri, Dist. - Nasik 422402|
    Tel.: (01-22)-4091-5000 | Website: www.jyotistructures.in
    JYOTI STRUCTURES LIMITED

    Point No. 1

    Details pursuant to Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements)
    Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015:

    Particulars Details
    Name of the Investors As Per Annexure 1
    Post allotment of securities – Allotment of 2,30,00,000 Equity shares of face value Rs.
    Outcome of the subscription, issue price 2/- each fully paid up at a premium of Rs. 11.20,
    / allotted price (in case of convertibles), aggregating to Rs. 30,36,00,000/-, pursuant to the
    Number of allottee(s): conversion of warrant into equivalent no of equity shares
    to the allottees mentioned in Annexure 1.
    In case of convertibles - intimation on Exercise of 2,30,00,000 fully convertible warrants into
    conversion of securities or on lapse of the 2,30,00,000 fully paid up equity shares of Rs. 2/- each.
    tenure of the instrument
    Annexure ‘1’

    Sr. Name of the Allottee Category No. of **Total Amount Paid


    No. Warrants (including Premium)
    converted into (Amount in Rs.)
    Equity Shares
    1 Mayank Subhash Rathod Individual Non- 25,00,000 3,30,00,000
    Promoter
    2 Saajan Subhash Rathod Individual Non- 25,00,000 3,30,00,000
    Promoter
    3 Bengal Finance & Body-Corporate 1,80,00,000 23,76,00,000
    Investments Pvt. Ltd Non-Promoter
    Total 2,30,00,000 30,36,00,000

    ** The Consideration received from each of the allottees is 100% of the total consideration, out of which
    25% of the consideration was received from the respective allottees at the time of allotment of warrants
    pursuant to terms & conditions as set out in the offer letter.

    For Jyoti Structures Limited


    SONALI Digitally signed by
    SONALI KRISHNAJI
    KRISHNAJI GAIKWAD
    Date: 2024.10.16 14:55:13
    GAIKWAD +05'30'

    Sonali K. Gaikwad
    Company Secretary
    ACS 31201

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