Jayaswal Neco Industries Limited (JAYNECOIND) — Board Meeting Announcement

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📢 Key Event
Board approved audited FY2026 results, warrant issue, and AOA amendment

🔄 What Changed
₹200 crore fundraise via warrant issue; unmodified auditor opinion confirmed

🔮 What's Next
None

💡 Investor Takeaway
The warrant issue may dilute shares but funds expansion projects.

The Board approved audited financials for Q4 and FY2026 showing revenue of **₹713,182 lakhs** and profit before tax of **₹60,345 lakhs**, accepted an unmodified auditor's report, appointed Manisha & Associates as cost auditor, amended the Articles to enable warrant issuance, and greenlit a preferential issue of 22.44 million warrants at **₹89.13** each to raise up to **₹200 crore** for a new pellet plant and steel plant upgrades. The Extraordinary General Meeting will seek shareholder approval for these actions.

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About Jayaswal Neco Industries Limited (JAYNECOIND)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹10,103.24 Cr P/E: 21.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Jayaswal Neco Industries Limited (JAYNECOIND) — Board Meeting Announcement

About Jayaswal Neco Industries Limited (JAYNECOIND)

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