JAIPRAKASH ASSOCIATES LIMITED Outcome of Board Meeting
Jaiprakash Associates Limited has informed the Exchange that the Board of Directors of the Company in their meeting held on May 30, 2012 inter-alia, approved / noted the following :- (1) The Board has decided to raise funds / resources to the tune of USD 500 million through FCCBs / ECB etc. subject to the requisite approvals including that of the shareholders; (2) The Board has noted that Shri M S Srivastava has resigned from the Directorship of the Company with effect from May 25, 2012.
NSE: JPASSOCIAT
Source: 
