Jamshri Ranjitsinghji Board approves Rights Issue

Jamshri Ranjitsinghji Spinning & Weaving Mills Company Ltd has informed the Indian stock market that the Board of Directors of the Company at its meeting held on August 25, 2008, has approved the issue of Rights Shares to its shareholders in the ratio of 1:1 at par subject to the approval of the Statutory bodies and subject to the directions of B.I.F.R and compliance of all other applicable laws.