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Jai Balaji Industries > Company History > Steel - Sponge Iron > Company History of Jai Balaji Industries - BSE: 532976, NSE: JAIBALAJI
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Jai Balaji Industries
BSE: 532976|NSE: JAIBALAJI|ISIN: INE091G01018|SECTOR: Steel - Sponge Iron
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Company History - Jai Balaji Industries
2007
 
 - Jai Balaji Industries Ltd has informed that the Board of Directors
 of the Company at its meeting held on August 18, 2007, has appointed
 Mr. Aditya Jajodia, presently Chairman and Director of the Company,
 as the Managing Director of the Company for a period of five (5)
 years w.e.f. July 23, 2007.
 
 Further the Company has informed that Mr. Ashim Kumar Mukherjee has
 appointed as additional director with effect from August 18, 2007,
 who shall hold office upto the date of AGM.
 
 -Company name has been changed from Jai Balaji Sponge Ltd to Jai
 Balaji Industries Ltd
 
 2008
 
 - Jai Balaji Industries Ltd has informed that the Board of Directors
 of the Company at its meeting held on January 31, 2008, inter alia,
 has appointed Shri. Gaurav Jajodia as additional Director with
 immediate effect.
 
 -Jai Balaji Industries Ltd has informed that a Memorandum of
 Understanding (MoU) has been singed between the Government of
 Chhattisgarh, Chhattisgarh State Electricity Board & Jai Balaji
 Industries Ltd on September 24, 2008 for setting up a 600 MW Thermal
 Power Project in the State of Chhattisgarh.
 
 
 2009
 
 - Jai Balaji Industries Limited has informed that the Board of
 Directors of the Company at their meeting held on June 30, 2009,
 recommended a dividend of Rs. 0.40 per Equity Share of Rs. 10/-
 each.
 
 - That Minitry of Coal, Government of India, vide their letter dated
 July 30, 2009 has allocated the Company Andal East non-coking coal
 block in the State of West Bengal for captive mining of coal jointly
 with other joint venture partners.
 
 - Has allotted 8,295,586 Equity Shares of face value of Rs. 10/- each
 to Qualified Institutional Buyers under QIP.
 
 
 2010
 
 - Company has received the BIS certification for 100-300 mm dia for
 Company's newly installed 240000 tons per annum Ductile Iron Pipe
 Plant.
 
 
 2011
 
 - Company's first monetary receipt of approximately Rs. 33 million
 (Rupees Thirty three million only) on account of sale of 54,615 units
 of Carbon Credits.
 
  
 2012
 
 - Company has received the Corporate Debt Restructuring letter of
 approval dated September 20, 2012 from CDR Empowered Group/ CDR Cell
 pursuant to the CDR package approved by the CDR empowered group.
 
Source : Dion Global Solutions Limited
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