In a regulatory filing, the company said the entire issued share capital comprising 41.63 crore ordinary shares of 0.01 euro each, has been admitted to trade on the AIM market of the London Stock Exchange (LSE).
“We are delighted to be admitted to trading on the AIM market in London. We are now funded to develop our initial work programme and to tap into the incredible demand for energy in India,” Jubilant CEO Ajay Khandelwal said.
Jubilant is currently part of Wider Jubilant Group, with a presence in approximately 50 countries and revenues of around $1 billion for the financial year 2010.
Jubilant has built up a balanced portfolio of oil and gas assets through participation in licensing rounds since 1995.
Published 24 November 2010, 15:11 IST