305.05 14.40(4.95%)
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JITF Infra Logistics Limited was incorporated on January 3, 2008. The Company is presently engaged in the business activities of rail, water and urban infrastructure in India and abroad and to act as technical, engineering, management consultants and/or provider of managerial and technical manpower services. The Company's first Waste-to-Energy (WtE) facility at Okhla, New Delhi became commercially operational since January, 2012. During the year 2016-17, by Composite Scheme of Arrangement among the Company, Jindal Saw Limited, JITF Shipyards Limited and JITFWaterways Limited and their respective shareholders and creditors, which became effective on August 5, 2016, the following businesses being run by Jindal Saw Limited through various subsidiaries were merged into the Company consisting of Waste to Energy Business, Manufacturing of Railway Freight Wagons and Heavy Engineering Components; and Water Infrastructure Businesses. In consideration of demerger of above business, Company allotted its equity shares of Rs 2 each to the shareholders of the Jindal Saw Limited on August 27, 2016 in the ratio of 50 shares for every 622 equity shares of Rs 2 each held in the Jindal Saw Limited. The initial capacity of Waste to Energy (WTE) Plant in Delhi was 16 MW which was later enha...