Announcement

Monday, March 22, 2010

Jayaswal Neco eying equity route for funding power business

The board of Jayaswal Neco a manufacturer of pig iron, iron castings, billets and rolled products has approved preferential issue of 1.42 crore shares to Reliance Mutual Fund. The company has raised INR 48 crore through the preferential issue.

Mr PK Bhardwaj CFO of Jayaswal Neco in an

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