MSK Projects allots 17178888 equity shares

MSK Projects (India) Ltd has announced that the Board of Directors of the Company at its meeting held on April 27, 2010, has considered and allotted 1,71,78,888 equity shares of Rs 10/- each at a premium of Rs 113/- per share to Welspun Infratech Ltd on preferential basis.

Shri B K Goenka and Shri Yogesh Verma have been appointed as additional Directors of the Company.

The stock was trading at Rs.179.45, up by Rs.0.70 or 0.39%. The stock hit an intraday high of Rs.183.35 and low of Rs.173.10.

The total traded quantity was 305530 compared to 2 week average of 1231405.

Source : Equity Bulls

Keywords