Valuemart Retail Solutions Ltd's EGM approves issue of 20 lakh shares

The Shareholders of Valuemart Retail Solutions Ltd at the Extraordinary General Meeting (EGM) of the Company held on December 17, 2011, have unanimously approved the issue of 20,00,000 equity shares on preferential basis to Promoters & Strategic Investors.

The stock closed the day at Rs.43.50, down by Rs.2.20 or 4.81%. The stock hit an intraday high of Rs.43.50 and low of Rs.43.50.

The total traded quantity was 100 compared to 2 week average of 150.

Source : Equity Bulls

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