Jubilant Industries Ltd. -- Management Overhaul + Q3FY12 Update -- Significant Rerating Awaited

[mahesh i. shah]

 Three significant events occured w.r.t. Jubilant Industries Ltd. [ NSE – JUBLINDS ; BSE – 533320 ] in the span of last fortnight :

(a) announcement of Q3FY12 (9'Months'FY12) Results which were far ahead of expectations,

(b) in-principle Approval from Allahabad High Court for Merger of Retail Business,

(c) significant Management Overhaul with induction of key persons at Board & Senior level.

pfa. Detailed Update for the same.

Rgds.

Contents of this Note :

New Management Structure of Jubilant Industries Ltd. w.e.f. 1^st Feb. 2012 Page 2-3

In-principle Approval from Allahabad High Court for Retail Business Merger Page 4-4

Q3FY12 as well as 9'Month'FY12 Result Highlights Page 4-5

Revision in FY12e Numbers of Jubilant Industries Ltd. Page 5-7

Operational Hypermarkets in Bangalore of all Major Retail Chains Page 7-7

Conclusion ( JIL on verge of a Significant Rerating ) Page 8-8