Vardhman Polytex to redeem Preference Shares

Vardhman Polytex Ltd has announced that the Company has fixed March 30, 2010 as the date of redemption of 5000 8% Non-cumulative Redeemable Preference Shares of Rs. 100/- each at par.

The stock was trading at Rs.48, down by Rs.0.30 or 0.62%. The stock hit an intraday high of Rs.49.70 and low of Rs.47.70.

The total traded quantity was 506 compared to 2 week average of 2653.

Source : Equity Bulls

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