JBF Industries Ltd Company History

The preferential allotment of Equity shares of the company would be given to the promoters of the company based on guidelines issued by SEBI in connection with creeping acquisition upto 5% of the share capital of the company, for each financial year

Jbf Industries Ltd. has appointed Mr.N Balasubramanian, as an Additional Independent Director on the Company's Board .

The Company at its meeting held on November 18, 2008, inter alia, has recommended dividend @ 15% i.e. Rs 1.50 (Rupees One and Paise fifty only) per share.

The Company's Registrar and Transfer Agent (RTA) has informed the Company of the change in their name from "Intime Spectrum Registry Ltd" to "Link Intime India Pvt. Ltd".

Jbf Industries Limited has informed regarding resolution passed by the Committee of the Board of Directors for Qualified Institutional Placement of Equity Shares of Face value Rs.10.00 each aggregating to upto Rs.300 crores to Qualified Institutional Buyers (QIBs) by JBF Industries Limited under Chapter VIII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 at their meeting held on September 15, 2010.

The Company has signed MOU with Oman Oil Company (part of Oman Refinery) owned by Government of Oman for setting up a 1.2 Million (12 Lacs) Tonnes per annum Purified Terephthalic Acid - PTA plant at Oman as a Joint Venture, at an approximate cost of USD 680 Million. Project envisages to consume PTA's raw material - Paraxylene produced by Oman Oil Company. The project will be co-located in the premises of Oman Aromatics to enable transportation of Paraxylene to the PTA plant by a dedicated pipeline.

The Company at its meeting held on May 26, 2011 has recommended dividend @ Rs.8/- Per share on Equity shares of Rs.10/- each for the financial year 2010-11.

The Company has decided to set up project of Purified Terephthalic Acid (PTA) having manufacturing capacity of 1.12 Million Tonnes per annum at (SEZ) Mangalore.

BP and JBF Petrochemicals (a wholly owned subsidiary of JBF Industries Ltd. of India) have inked a contract for licensing BP’s latest generation purified terephthalic acid (PTA) technology.

The Company is entering into a partnership with The Coca Cola Company to set up production facility for Bio-Glycol (MEG) in Brazil.

JBF Petrochemicals Ltd , subsidiary of JBF Industries, has entered into an agreement with BP to license its latest generation Purified Terephthalic Acid (PTA) technology.

Buoyed by the news that the company has entered into a partnership with the Coca Cola Company to set up production facility for Bio-Glycol (MEG) in Brazil, shares of JBF Industries gained nearly 5 per cent on the Bombay Stock Exchange.

JBF Industries Ltd today said it has entered into a derivative contract for an ECB loan in terms of Japanese currency, for an amount equivalent to USD 20 million to hedge the foreign exchange and interest cost.

JBF has recommended dividend on equity share capital @ Rs. 6/- per equity share of Rs. 10/- each.

JBF has recommended dividend on equity share capital @ Rs. 2/- per equity share of Rs. 10/- each

Commissioning of PTA project by JBF Petrochemicals Limited at Mangalore, SEZ