- Jai Balaji Industries Ltd has informed that the Board of Directors of the Company at its meeting held on August 18, 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. July 23, 2007.
Further the Company has informed that Mr. Ashim Kumar Mukherjee has appointed as additional director with effect from August 18, 2007, who shall hold office upto the date of AGM.
-Company name has been changed from Jai Balaji Sponge Ltd to Jai Balaji Industries Ltd
- Jai Balaji Industries Ltd has informed that the Board of Directors of the Company at its meeting held on January 31, 2008, inter alia, has appointed Shri. Gaurav Jajodia as additional Director with immediate effect.
-Jai Balaji Industries Ltd has informed that a Memorandum of Understanding (MoU) has been singed between the Government of Chhattisgarh, Chhattisgarh State Electricity Board & Jai Balaji Industries Ltd on September 24, 2008 for setting up a 600 MW Thermal Power Project in the State of Chhattisgarh.