Venus Power Ventures (India) Ltd to allot 3 crore shares

A Meeting of the Board of Directors of Venus Power Ventures (India) Ltd will be held on October 26, 2011, to allot the 3,00,00,000 Equity shares to promoter and persons and other than promoter by way of preferential allotment.

The Board will also consider the Un-audited financial results for the quarter ended September 30, 2011.

The stock closed the day at Rs.8.50, up by Rs.0.07 or 0.83%. The stock hit an intraday high of Rs.8.50 and low of Rs.8.25.

The total traded quantity was 11207 compared to 2 week average of 9090.

Source : Equity Bulls

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