Videocon Industries to forfeit 43948 shares

Videocon Industries Ltd has announced that the Board of Directors of the Company at its meeting held on July 31, 2009, inter alia, has approved forfeiture of 43,948 Equity Shares of face value of Rs 10/- in respect of which the allotment / call money were due and unpaid.

The stock was trading at Rs.1038.75, up by Rs.45.40 or 4.57%. The stock hit an intraday high of Rs.1049 and low of Rs.1004.70.

The total traded quantity was 1580014 compared to 2 week average of 1518685.

Source : Equity Bulls

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