JAIN IRRIGATION SYSTEMS LTD. - Issue and allotment of Ordinary Equity Shares pursuant to conversion of Equity Warrants

Jain Irrigation Systems Ltd has informed BSE that the Securities Issuance Committee of Directors met on March 20, 2014 and alloted 75,00,000 Ordinary Equity Shares of Rs. 2 each at a issue price (including premium) of Rs. 86.30/- per share arising out of exercise of option attached to 75,00,000 Equity Warrants of Rs. 86.30 each issued on September 21, 2012.