| ||Outcome of Board Meeting | 7/22/2011 3:48:04 PM|| |
| ||Jaihind Projects Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2011, inter alia, has taken the following decisions:|
1. To form the Allotment Committee consisting of Mr. Lallan Pandey and Mr. Dharmendra Seth as Committee Member, for the purpose of converting 25 lacs of convertible Warrant in to equal number of equity shares of Rs. 10/- each at Premium of Rs. 50 per share.
2. Noted and approved the Public Announcement made by Dcom System Limited under Regulation 11(2) of the SEBI Takeover code.
3. The conversion will be made by Allotment Committee subject to the exercise of option made by Dcom System Limited.