Vascon Engineers Ltd to consider rights issue terms on June 13, 2015

A meeting of the Board of Directors of Vascon Engineers Ltd will be held on June 13, 2015, to consider and approve the details of the proposed Rights Issue including the Rights Issue Structure, Rights Issue Price, Rights Issue Entitlement Ratio, Rights Issue Fractional Entitlement and a date of book closure / record date for issuance of the securities to the existing shareholders of the Company.

Shares of Vascon Engineers Ltd was last trading in BSE at Rs.17.75 as compared to the previous close of Rs. 18.75. The total number of shares traded during the day was 5100 in over 17 trades.

The stock hit an intraday high of Rs. 18.6 and intraday low of 17.75. The net turnover during the day was Rs. 92346.

Source : Equity Bulls

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