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Jai Corp Ltd.

BSE: 512237 | NSE: JAICORPLTD |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE070D01027 | SECTOR: Steel - GP & GC Sheets

BSE Live

Nov 27, 14:53
91.60 0.90 (0.99%)
Volume
AVERAGE VOLUME
5-Day
130,202
10-Day
128,329
30-Day
75,646
64,756
  • Prev. Close

    90.70

  • Open Price

    91.10

  • Bid Price (Qty.)

    91.60 (30)

  • Offer Price (Qty.)

    91.70 (124)

NSE Live

Nov 27, 14:53
91.60 0.80 (0.88%)
Volume
AVERAGE VOLUME
5-Day
1,319,141
10-Day
1,376,860
30-Day
915,515
1,261,879
  • Prev. Close

    90.80

  • Open Price

    91.40

  • Bid Price (Qty.)

    91.60 (419)

  • Offer Price (Qty.)

    91.70 (100)

Company History - Jai Corp
Jai Corp Ltd. is a public limited company which was incorporated in
 the name of Jai Fibres Ltd. on June 6, 1985 with the Registrar of
 Companies, Maharashtra at Bombay. The Certificate of Commencement of
 Business was obtained on June 12, 1985.  The company entered the
 capital market with
 a public issue of Rs.30 lakhs in July 1985 towards meeting its
 working capital requirements required for its business of trading in
 yarn. The company set up its own manufacturing facility with an
 installed capacity of 800 t.p.a at Murbad in Maharashtra to
 manufacture HDPE/PP Woven Sacks and commenced commercial production
 in January 1987.  In February 1987, the company made a rights issue
 of equity shares at par aggregating to Rs.30 lakhs to meet the long
 term working capital requirements.
 
 Another unit with an installed capacity ot 1,200 t.p.a was set up at
 Murbad for manufacturing FIBC fabrics and HDPE/PP Woven sacks.  This
 second unit went on stream in January 1990.  The company then set up
 its third unit at Silvassa,for manufacturing FIBC, popularly known as
 Jumbo Bags, where the commercial production commenced in February
 1992.
 The name of the company was changed to Jai Fibre Industries Ltd. by
 passing a Special Resolution.  A fresh certificate consequent to this
 change was obtained on 6th December, 1993.  The name of the Company
 was again charged to Jai Corp Limited by passing a Special Resolution
 in the 9th Annual General Meeting held on 13th August, 1994.
 Consequently a fresh certificate tor change of name to Jai Corp
 Limited was obtained on 30th August, 1994.
 
 The Company is now setting up a new Unit at Silvassa, for creation of
 manufacturing facilities for FIBC, Tarpaulins, and Multilayer Bags. 
 The Company's shares are currently listed on the Bombay Stock
 Exchange.
 
 2002-Anand Jain resigns from Directorship of Jai Corp.
 
 2005
 
 -Jai Corp signs agreement with ARCIL
 
 
 2007
 
 -Jai Corp Ltd has appointed Mr. Virendra Jain as the Managing
 Director of the Company with effect from January 04, 2007, subject to
 the approval of the members of the Company.
 
 - Jai Corp Limited has informed that The Board of Directors in its
 meeting held on 29th June, 2007 has appointed Shri Ashok Tak, Deputy
 General Manager as the Acting Chief Financial Officer.
 
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 
 - The Company has splits its face value from Rs10/- to Rs1/-.
 
 2008
 
 -Jai Corp Ltd has informed that the Board of Directors of the Company
 at its meeting held on May 10, 2008, inter alia, has recommended the
 appointment of Shri. Anand Jain, who was appointed as Additional
 Director on September 24, 2007 as a Director of the Company.
 
 - Jai Corp Limited has appointed Shri Anand Jain as a Director of the
 Company.
 
 2009
 
 - A dividend of Rs. 0.50 on 4,81,67,010 equity shares of face value
 of Re.1/- each.
 
 
 2011
 
 - Shri Rajesh Kumar Mundra has been appointed as the Chief Financial
 Officer (CFO) of the Company .
 
 - Board of Directors of the Company at its meeting held on has
 recommended : (1) A dividend of Re. 0.01 per share on 1,50,00,000
 preference shares of face value of Re. 1/- each.
 
 
 2012
 
 - Board of Directors of the Company at its meeting held on May 24,
 2012, inter alia, has recommended dividend (i) @ Re. 0.01 per Share
 on 9,999,900 Non Cumulative Non Participating Redeemable Preference
 Shares of face value of Re. 1/- each and (ii) @ Re. 0.50 per share on
 48,157,010 Equity Shares of face value of Rs. 1/- each.
 
 2013
 -Jai Corp Ltd has informed that the Board of Directors Recommended a
 dividend of Re.0.01 per share on 83,49,900 preference shares of face
 value Re.1/- each and Re. 0.50 per share on 4,81,67,010 equity shares
 of face value Re.1/- each
 
 2014
 -Jai Corp Ltd has informed that the Board of Directors has
 Recommended a divided of Re. 0.01 per share on 76,74,900 preference
 shares of face value Rs. 1/- each and Re. 0.50 per share on
 4,81,67,010 equity shares of face value Re. 1/- each.