Vijay Shanthi Builders to allot warrants at Rs.56

Vijay Shanthi Builders Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 10, 2007, to consider allotment of 19,06,300 warrants convertible into equity shares of Rs 56 each (including a premium of Rs 46 per share) on a preferential basis to promoter group, pursuant to the resolution passed in the EGM held on December 18, 2006 and regulatory approval dated February 27, 2007.

Source : Equity Bulls

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