rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
JINDAL STEEL & POWER LTD. - Circular Resolution by Board of Directors
< Back
28 Dec 2015
Jindal Steel &amp; Power Ltd has informed BSE that the Board of Directors of the Company has, through resolution passed by circulation on December 28, 2015 approved giving of the right in terms of RBI circular on the Strategic Debt Restructuring Scheme dated June 08, 2015, to the lenders of M/s Jindal Power Limited (JPL) for its 1200 MW (2X600 MW) thermal power project situated at Tamnar, District Raigarh, Chhattisgarh (&quot;Phase III Project&quot;) for conversion of their loan into equity share capital of JPL in the event of default.
View all announcements for JINDAL STEEL & POWER LTD. Source: BSE India