With reference to the news item appearing in a leading financial daily titled 'AION Cap Invests Rs. 300 cr in Jyoti Structures', Jyoti Structures Ltd has clarified to BSE that on September 06, 2013, the board of directors of the Company had passed a resolution approving the issue of 400 (four hundred) non-convertible debentures of Rs. 10,00,000 (Rupees ten lakhs) (NCDs) to be listed on Stock Exchange. Affiliates of Aion Capital Partners have invested USD 23 million in Jyoti International Inc, a wholly-owned subsidiary of the Company incorporated under the laws of Delaware, USA.
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