Jubilant Industries Ltd

[Krishna1]

The Company had on December 19, 2018 approved the allotment of 18,00,000 equity shares at a price of Rs 135.95 per share and 13,00,000 convertible warrants to the following promoter group entities:

HSSS Investment Holding Private Limited :882578
KBHB Investment Holding Private Limited :213918
SSBPB Investment Holding Private Limited:203504

Now they have converted the warrants issued previously @135.95 per share,which is much above the current market price,this was done on March 20,2020.

[zain]

Finally moving in the right direction, with very good traction in top line with an impressive bottom line. Excellent results .

[imsushant]

It hit upper circuit today…Few things I am aware about…

1. Amalgamation process is near completion. Certificate was Issued by the merchant banker yesterday. Shareholders will simply get 1 share of jubilant agri and consumer products for every 1 share of jubilant industries. :- https://www.bseindia.com/xml-data/corpfiling/AttachLive/3611e960-4fc5-4da7-8f59-94f6058fb363.pdf

2. Their performance polymers business which mainly consists the ‘Jivanjor’ brand is buzzing in market with expansion in distribution. I’m tracking this through facebook, twitter and youtube search.

[bkasal]

Hi,

Could anyone share AGM’23 notes ?

Thank you.

[imsushant]

Yeah if someone attended then kindly share…Although they released 17th AGM transcript but it doesn’t have much useful info like there was in 16th AGM…They didn’t include Q&A part this time.

17th AGM - https://www.jubilantindustries.com/pdfs/StxIntimation_signed.pdf

By the way they released investor presentation after I think several years which gives some info about what’s happening…

Investor%20Presentation_final.pdf

[bkasal]

Thanks, Sushant. As you know, anyone from our Value pickr team would have more insightful content of the meeting discussion.

[imsushant]

I was just doing some research and found that slowly the jivanjor brand is taking place in adhesive industry alongside fevicol. Found few tenders floated by sbi and union bank for their branch related work where they have specified preference of adhesive brand…

SBI 1 : https://sbi.co.in/webfiles/uploads/files_2324/161020231504-TENDER%20INTERIOR%20NACH%20BR.pdf

SBI 2 : https://sbi.co.in/webfiles/uploads/files_2324/051020231613-TECHNICAL%20BID%20TBU%20Office_Sector_17_Chd.pdf

UNION BANK : https://www.unionbankofindia.co.in/tenderfiles/rfp%20interior%20works%20union%20bank%20of%20india%20chennur%20branch%20ro%20karimnagar.pdf

[hkgupta]

The company has merged some promoter companies
Since then stock has moved from 600 to 1300 levels continuously being on ckt breaker

Can someone decipher the developments