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Jindal Steel & Power's subsidiary to raise ten thousand crore rupees

Jindal Steel , Power
Jindal Steel and Power :Jindal Steel & Power has informed that the board of Jindal Power, a subsidiary company in its board meeting on 10 December 2009 has decided, subject to approval of shareholders, to go for initial public offer (IPO) of the equity shares of Rs 10 each upto amount of Rs 10,000 crore. Jindal Powe will be holding extra ordinary general meeting of the members of the company for obtaining their approval for the said IP0.

The company made this announcement on 10 December 2009.

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