Visualsoft Technologies fixed Record Date for merger with Megasoft

Visualsoft Technologies Ltd has announced that May 09, 2007 has been fixed as the Record Date for the purpose of Scheme of Amalgamation of the Company with Megasoft Ltd.

The shareholders of Visualsoft Technologies will be allotted 5 shares of Megasoft Ltd for 8 shares held in the company.

The Visualsoft Technologies stock closed the day at Rs.74.15, up by Re.0.50 or 0.68%. The stock hit an intraday high of Rs.76.60 and low of Rs.73.50. The total traded quantity was 57358 shares compared to 2 week average of 24253.

The shares of Megasoft Ltd closed the day at Rs.121.60, up by Re.0.90 or 0.75%. The stock hit an intraday high of Rs.134 and low of Rs.121.05. The total traded quantity was 7393 shares compared to 2 week average of 14554.

Source : Equity Bulls

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