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.
Finally moving in the right direction, with very good traction in top line with an impressive bottom line. Excellent results .
It hit upper circuit todayâŚFew things I am aware aboutâŚ
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
Their performance polymers business which mainly consists the âJivanjorâ brand is buzzing in market with expansion in distribution. Iâm tracking this through facebook, twitter and youtube search.
Hi,
Could anyone share AGMâ23 notes ?
Thank you.
Yeah if someone attended then kindly shareâŚAlthough they released 17th AGM transcript but it doesnât have much useful info like there was in 16th AGMâŚThey didnât 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 whatâs happeningâŚ
Thanks, Sushant. As you know, anyone from our Value pickr team would have more insightful content of the meeting discussion.
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 brandâŚ
SBI 1 : https://sbi.co.in/webfiles/uploads/files_2324/161020231504-TENDER%20INTERIOR%20NACH%20BR.pdf
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
Any update on when it will be relisted again?
They have filed for listing according to a notice on their website. They expect it to happen by the end of this month.
JACPL shares have been credited to my demat account and have started trading today as well
Hi Even I had JACPL shares credited to my demat account. However, I noticed the market depth is very low in the current market conditions. I was trying to sell some of my shares but there seems to be no buying depth. Did anyone else also face the same issue ?
Yes. The counter is very illiquid and locked in lower circuit since listing day. I was however able to sell today at LC.
Yes, thanks any idea why the counter is very illiquid after the demerger ? is it generally due to bearish market conditions ?
