Jai Balaji Industries share news, announcements and annual reports
NSE: JAIBALAJIBSE: 532976Ferrous MetalsSmall Cap
Jai Balaji Industries Limited · Formerly Jai Balaji Sponge Limtied · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Dec 2003 on NSE, Jun 2008 on BSE
Last close ₹61.53down ₹2.34 (3.66%)BSE ₹61.82
Share price at the NSE close on 30 Oct 2026. Previous close ₹63.87.
30 Oct: open ₹63.80, high ₹63.80, low ₹61.21
52-week range of traded prices to 30 Oct 2026
₹53.65Low, 30 Mar 2026₹96.71High, 3 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹5,613 Cr706th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 38.81
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.49
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 6.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 9.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,72,95371.3% delivered
Jai Balaji Industries share news and announcements
670 announcements, routine notices left out, newest first. Page 13 of 14.
Jan 2009
19 Jan · Board meeting
Company had informed the Exchange regarding a Board Meeting to be held on January 29, 2009. The company has now informed the Exchange that the said meeting has now been rescheduled to be held on January 28, 2009 to consider and approve amongst other items of Agenda, the Unaudited Financial Results for the third quarter ended December 31, 2008.16 Jan · Board meeting
To consider and approve amongst other items of Agenda, the Unaudited Financial Results for the third quarter ended December 31, 2008.
Dec 2008
29 Dec · Business
On December 29, 2008, West Bengal Industrial Development Corporation Limited (WBIDC) has handed over possession of 748.97 acres of land in the District of Purulia, West Bengal in the august presence of Shri Nirupam Sen, Hon'ble Minister of Commerce and Industries, Govt. of West Bengal for the purpose of starting the first phase of setting up a 5 million tonne integrated Steel Plant, 3 million tonne Cement Plant and 1215 MW Power Plant. In this regards company has issued a press release dated December 29, 2008, titled "Beginning of A New Dawn in Purulia". A copt of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Dec · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2008. The details of the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Nov 2008
6 Nov · Updates
Board of Directors of the company at their meeting held on October 30, 2008, have amongst the other item of the Agenda, reconstituted the Management (Finance) Committee by appointing Shri Ashim Kumar Mukherjee as a member of the said committee.3 Nov · Change in composition of board
Board of Directors of the Company at their meeting held on October 30, 2008 have amongst the other item of the Agenda : 1) Accepted the resignation tendered by Shri Gaurav Mathur from the directorship of the Company w.e.f. October 15, 2008. 2) Appointed Shri Kumar Krishnan Iyer as an Additional Director of the Company w.e.f. October 30, 2008. 3) Reconstituted the Audit Committee, Remuneration Committee, Shareholders' Grievance Committee and Management (Finance) Committee by appointing Shri Kumar Krishnan Iyer as a member in place of Shri Gaurav Mathur.
Oct 2008
20 Oct · Meeting
Minutes of the proceedings of the Annual General Meeting of the Company held on September 18, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Oct · Board meeting
To consider and approve amongst other items of Agenda, the Unaudited Financial Results for the second quarter / half year ended September 30, 2008.
Sep 2008
26 Sep · Memorandum of Understanding
A Memorandum of Understanding (MOU) has been signedbetween the Government of Chhattisgarh, Chhattisgarh State ElectricityBoard & Jai Balaji Industries Limited on 24th September, 2008 for setting up a600 MW Thermal Power Project in the State of Chhattisgarh16 Sep · Commencement of commercial production
The Sinter plant set up at Durgapur, with a capacity of 6.08 lacs MT per annum has commenced its commercial production on 15th September, 2008
Aug 2008
22 Aug · Memorandum of Understanding
Company has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh on August 08, 2008 for setting up an Integrated Steel Plant in the State of Chhattisgarh.18 Aug · Change in composition of board
Board of Directors of the Company at their meeting held on August 14, 2008, have amongst the other item of the Agenda: (1) Accepted the resignation tendered by Shri Jayanta Kumar Basu from the directorship of the Company w.e.f. August 01, 2008. (2) Appointed Shri Vivek Chhachhi as an Additional Director of the Company w.e.f. August 14, 2008. (3) Reconstituted the Audit Committee, Remuneration Committee, Shareholders' Grievance Committee and Management (Finance) Committee by appointing Shri Vivek Chhachhi as a member in place of Shri Shri Jayanta Kumar Basu.6 Aug · Meeting
Board of Directors at their meeting held on July 29, 2008 have interalia decided (1)To hold the Annual General Meeting of the Company on September 18, 2008. (2) To close the Register of Members and Share Transfer Books of the Company from September 13, 2008 to September 18, 2008 (both days inclusive) for the purpose of the aforesaid Annual General Meeting and payment of dividend, which will be payable, if approved at the said Annual General Meeting, on or after September 18, 2008.
Jul 2008
17 Jul · Board meeting
To consider amongst other items of Agenda, the unaudited financial results for the first quarter ended June 30, 2008.1 Jul · Board meeting
Outcome of Board Meeting held on June 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Jul · Dividend
Board of Directors of the Company at its meeting held on June 30, 2008 have recommended a dividend of 10% on the Equity Shares of the Company for the year ended March 31, 2008 subject to the approval of Shareholders at the Annual General Meeting of the Company.
Jun 2008
16 Jun · Board meeting
To consider, approve and take on record amongst other items of Agenda, the Audited Financial Results for the financial year ended March 31,2008 and to consider & recommend dividend, if any, for the financial year ended March 31,2008.
Apr 2008
28 Apr · Results
With respect to the results for the last quarter ended 31st March, 2008 of the financial year 2007-08, we will publish the audited results within a period of 3 months from the end of the quarter as per the provisions of clause 41 of the Listing Agreement. Hence, we shall not publish the Unaudited results for the last quarter ended 31st March, 2008.3 Apr · Meeting
Minutes of the Extra Ordinary General Meeting of the shareholders of the company held on March 12, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Mar 2008
4 Mar · Meeting
Notice of the Extraordinary General Meeting of the members of the Company to be held on March 12, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Mar · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the third quarter and nine months ended December 31, 2007. The details of the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2008
26 Feb · Notice of Meeting
By an order made on January 30, 2008 and February 05, 2008, the Hon'ble High Court at Calcutta, has directed that a meeting of the Equity Shareholders of the Applicant Company (Jai Balaji Industries Limited), be convened on March 12, 2008, for the purpose of considering and if thought fit, approving, with or without modification(s), the arrangement embodied in the Scheme of Arrangement between Jai Balaji Industries Limited and HEG Limited, being the Transferee Company and the Transferor Company respectively. A copy of the Notice of Meeting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Feb · Notice of Meeting
By an order dated January 30, 2008 and February 05, 2008, the Hon'ble High Court at Calcutta has directed a Meeting of the Equity Shareholders of the Company scheduled to be held on March 12, 2008 to consider and to approve the proposed Scheme of Arrangement, for transfer of the steel unit located in Chattisgarh of HEG Limited to Jai Balaji Industries Limited. Further the Company has informed the Exchange that an Extra Ordinary General Meeting of the Company is scheduled to be held on March 12, 2008 or soon after the conclusion of Court convened Meeting of Equity shareholders to transact the business as set out in the Notice of the Meeting.11 Feb · Management
Vide its letter dated February 08, 2008, that: "The Board of Directors of the Company at their meeting held on 7th February, 2008 has amongst the other item of the Agenda, appointed Shri Jayanta Kumar Basu, Shri Gaurav Mathur and Shri Manoj Banthia as the additional Directors w.e.f. 7th February, 2008. Board has also appointed Shri Vivek Chhachhi and Shri Supratim Banerjee, as the Alternate Directors to Shri Jayanta Kumar Basu and Shri Gaurav Mathur respectively, w.e.f. 7th February, 2008".8 Feb · Allotment of Debentures/Others
Board of Directors of the Company at their meeting held on February 07, 2008 have given consent to allot 83,59,000 zero coupon compulsorily convertible debentures ("CCDs"), at a face value of Rs.326.90 each to the allottees (as per attachment). Further, the Board has given their consent to allot 3,00,000 Warrants, at a price of Rs.326.90 each to Sai Prasad Multitrade Private Limited. Further, the Board has also given their consent to allot 93,00,000 Warrants, at a price of Rs.326.90 each to the promoters (as per attachment). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Feb · Management
The Board of Directors of the Company at their meeting held on 31st January, 2008 has amongst the other item of the Agenda, appointed Shri Gaurav Jajodia as additional Director with immediate effect
Jan 2008
24 Jan · Meeting
Minutes of the Extraordinary General Meeting of the shareholders of the Company held on January 10, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.24 Jan · Board meeting postponed
The Board Meeting of the Company which was scheduled to be held on Thursday, the 24th January, 2008 is postponed21 Jan · Board meeting
To consider amongst other items of Agenda, the Unaudited Financial Results for the third quarter and nine months ended December 31, 2007.19 Jan · Updates
Ministry of Coal, Government of India, vide their letter no. 13016/42/2005-CA-I dated 6th December, 2007 has allocated Ardhagram Coal Block in ECL area, for coal mining to us jointly with Sova Ispat Limited. Our share consists 4 (four) million tonnes of coal out of the total 25.6 million tonne19 Jan · Board meeting
To consider amongst other items of agenda, allotment of zero coupon compulsorily convertible debentures ("CCDs") and Warrants to non promoter group and promoters as per the resolutions approved by the members of the Company at the Extra Ordinary General Meeting held on January 10, 2008.11 Jan · Meeting
Outcome of Extra Ordinary General Meeting of the Company held on January 10, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Dec 2007
20 Dec · Meeting
An Extra Ordinary General Meeting of the Company is scheduled to be held on January 10, 2008 to transact the business as set out in the notice of the meeting. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Dec · Outcome of meeting
Outcome of the Meeting of the Board of Directors of the Company held on 17th December, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.11 Dec · Board meeting
To discuss: (1) Forth coming projects and expansion programmes. (2) Future fund raising programmes. (3) Review of the progress of Purulia project. (4) Any other matters as may be permitted by the Chair.
Nov 2007
23 Nov · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Nov · Meeting
Minutes of the proceedings of the Annual General Meeting of the Shareholders of the Company held on September 27, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
31 Oct · Board meeting
Board of Directors of the Company at their meeting held on October 31, 2007, has amongst the other item of the Agenda:- 1) Appointed Shri Shailendra Kumar Tamotia as an Additional Director of the Company w.e.f. October 31, 2007. 2) Accepted the resignation tendered by Shri Mahesh Kumar Keyal from the office of the directors of the Company w.e.f. October 31, 2007. 3) Constituted the Management (Finance) Committee by appointment of Shri Aditya Jajodia as the Chairman, Shri Sanjiv Jajodia and Shri Shri Rajiv Jajodia as the members of the said Committee to ascertain the financial requirements of the Company and to approve the sanction granted by the various financial institutions and deal in other allied matters. 4) Reconstitution of the Audit Committee by appointment of Shri Aditya Jajodia in place of Shri Mahesh Kumar Keyal. 5) Reconstitution of the Shareholders Grievance Committee by appointment of Shri Ashim Kumar Mukherjee as the Chairman in place of Shri Sanjiv Jajodia. 6) Recontitution of the Remuneration Committee by appointment of Shri Ashim Kumar Mukherjee in place of Shri Mahesh Kumar Keyal.27 Oct · Purchase of shares
Vide its letter dated October 26, 2007 that: "in terms of the approval granted by the Board of Directors on 21st July, 2007, the Company has purchased the entire shareholdings of Nilachal Iron and Power Limited, a Company having its Registered Office at 46/C, Chowringhee Road, Kolkata - 700 001, as per the terms and conditions of the Agreement dated 21st July, 2007."11 Oct · Board meeting
To consider, amongst other items of Agenda, the Unaudited Financial Results of the Company for the quarter ended September 30, 2007.8 Oct · Management
Vide its letter dated October 05, 2007 that : "The Shareholders of the Company at their 7th Annual General Meeting held on September 27, 2007 have appointed M/S. S R Batliboi & Co., Chartered Accountants, 22, Camac Street, Kolkata - 700016 as the Statutory Auditor of the Company from the conclusion of the 7th Annual General Meeting till the conclusion of the next Annual General Meeting, in place of M/S. Rashmi & Co., Chartered Accountants".3 Oct · Business
The Company will sign a Memorandum of Agreement (MOA) with the Government of West Bengal, West Bengal Industrial Development Corporation Limited (WBIDCL) and West Bengal Mineral Development Corporation Limited (WBMDCL) on 4th October, 2007 for setting up a five (5) million tons Steel Plant, three (3) million tons Cement plant and 1215 MW Captive Power Plant ten (10) years involving investment worth Rs.16,000/- crores in the district of purulia, West Bengal
Sep 2007
12 Sep · Legal
Recently a news article has appeared that the Company has walked out of the consortium to whom a Coal Block was allotted in Rhone, in the State of Jharkhand. The JV partners are JSW Steel Ltd, Bhushan Power and Steel Ltd and Jai Balaji Industries Ltd. The Company denies that it has walked out of the consortium and confirms that it is very much part of the JV and is very much committed to the Project and the JV and is taking all the steps in discussion with other JV partners to complete the entire process. The news which has appeared is not correct
Aug 2007
31 Aug · Meeting
Re Board of Directors of the Company at their meeting held on August 31, 2007 (1) Convened the Annual General Meeting of the Company on September 27, 2007. (2) The Register of Members and Share Transfer Books of the Company will remain closed from September 25, 2007 to September 27, 2007 (both days inclusive) for the purpose of the aforesaid Annual General Meeting and payment of dividend, which will be payable, if approved at the said Annual General Meeting, on or after September 28, 2007.31 Aug · Allotment of shares/ others
Board of Directors of the Company at their meeting held on August 31, 2007 has amongst the other item of the Agenda: (1) Decided to enter into a Memorandum Of Understanding with the Govt. of West Bengal for setting up a five (5) Million tonnes Steel Plant, three (3) Million tonnes Cement Plant and 1215 MW Captive Power Plant within a period of ten (10) years involving investment worth of Rs. 16,000/- Crores (rupees sixteen thousand crores only) in the district of Purulia, West Bengal. (2) Allotted 2,20,00,000 (two crores twenty lacs) nos. of equity shares of Rs. 10/each, fully paid-up in the ratio of one (1) Equity Share of Rs.10/- each, of JaiBalaji Industries Limited for every three (3) Equity Shares of Rs. 10/- each, of Shri Ramrupai Balaji Steels Limited, as per the swap ratio mentioned in the Scheme ofAmalgamation, approved by the Hon'ble High Court at Calcutta and filed with Registrar of companies, West Bengal, on 23rd July, 2007, to the shareholders of Shri Ramrupai Balaji Steels Limited whose names appear on the record date of 24th August, 2007.24 Aug · Board meeting
To consider and allot one (1) Equity Share of Rs. 10/- each, fully paid up of Jai Balaji Industries limited for every three (3) Equity Shares of Rs. 10/- each, fully paid up of Shri Ramrupai Balaji Steel Limited, as per the swap ratio mentioned in the Scheme of Amalgamation, approved by the Hon'ble High Court at Calcutta and filed with Registrar of Companies, West Bengal on July 23, 2007, to those shareholders of Shri Ramrupai Balaji Steel Limited.20 Aug · Management
The Board of Directors of the Company at their meeting held on 18th August, 2007 has appointed Mr. Aditya Jajodia, presently Chairman and Director of the Company, as the Managing Director of the Company for a period of five (5) years w.e.f. 23rd July, 2007. The Board has further appointed Mr. Ashim Kumar Mukherjee as additional director with effect from 18th August, 2007, who shall hold office upto the date of AGM7 Aug · Miscellaneous
The Board of Directors of the Company at their meeting held on 31st July, 2007 has fixed Friday, 24th August, 2007 as the record date pursuant to the Scheme of Amalgamation between Shri Ramrupai Balaji Steels Limited (Transferor Company) and Jai Balaji Industries Limited (Transferee Company) as approved by the Hon'ble High Court at Calcutta and filed with Registrar of Companies, West Bengal, on 23rd July, 2007, for the purpose of determining the eligibility of members of Shri Ramrupai Balaji Steels Limited for allotment of equity shares of Jai Balaji Industries Limited as per the Swap Ratio of 1 Equity Share of Rs. 10/- each, fully paid-up of Jai Balaji Industries Limited for every 3 Equity Shares of Rs. 10/- each, fully paid-up of Shri Ramrupai Balaji Steels Limited, as mentioned in the Scheme of Amalgamation2 Aug · Dividend
Board of Directors of the Company, at their meeting held on July 31, 2007 has recommended a dividend @ 8.5%, i.e., Re.0.85 per equity share having face value of Rs.10/- each for the financial year 2006-07, on the enhanced Capital, due to the merger of Shri Ramrupai Balaji Steels Ltd. with the company pursuant to the order of the Hon'ble High Court of Calcutta passed on June 14, 2007 subject to the approval of shareholders in the Annual General Meeting.
Jul 2007
27 Jul · Name Change/Symbol Change
Members of the Exchange are hereby informed that the name of Jai Balaji Sponge Limited shall be changed to Jai Balaji Industries Limited and the trading symbol of the company be changed from BALASPONGE to JAIBALAJI w.e.f. August 10, 2007.