Veritas (India) to consider raising funds on Oct 16, 2009

Veritas (India) Ltd has announced that a meeting of the Board of Directors of the Company will be held on October 16, 2009, to consider raising the funds for the Company by way of Issue of Securities / convertible warrants on preferential basis and / or any other mode.

The stock closed the day at Rs.272.20, up by Rs.12.95 or 5%. The stock hit an intraday high of Rs.272.20 and low of Rs.272.20.

The total traded quantity was 50 compared to 2 week average of 39.

Source : Equity Bulls

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