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Jindal Hotels Ltd. Capital/Financing Update 2022

Mar 25, 2022

62085_rns_2022-03-25_0dc35265-656a-4d69-9d09-10245375eb25.pdf

Capital/Financing Update

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JINDAL HOTELS LIMITED

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To DCS-CRD BSE Limited Code No 7918 Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

Date: 25[th] March, 2022

Script Code: 507981

Sub: Outcome of Board Meeting held on 25[th] March, 2022 pursuant to Regulation 30 of SEBI {Listing Obligations and Disclosure Requirements}, Regulations, 2015 & amendments.

Dear Sir,

The Board of Directors of the Company at its meeting held today, i.e. on Friday, 25[th] March, 2022, inter alia, have discussed and approved the following matter:

  • The Company have issued & alloted 3,50,000 (Three Lakh Fifty Thousand) Equity Shares of Rs. 10/- (Rupees Ten Only) each at a price of Rs. 42/- (Rupees Forty Two Only) (price computed in accordance with ICDR Regulations), per Equity Share for cash aggregating to Rs. 1,47,00,000/- (Rupees One Crore and Forty Seven Lakhs Only) to the Promoters namely Mr. Piyush D. Shah & Mrs. Chanda P. Agrawal [proposed allotees] on preferential basis.

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The Meeting commenced at 12.00 Noon and concluded at 1:45 p.m.

Please find the same in order and kindly take them on your record.

Thanking you.

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Regd. Office : GRAND MERCURE Vadodara Hotel Surya Palace , Sayajigunj, Vadodara – 390 020 Phone No. : 0265-2363366,2226000,2226226 Fax No. : 0265-2363388 Website : www.suryapalace.com CIN No.: L18119GJ1984PLC006922e-mail :[email protected]