VSF Projects to consider fund raising on Jan 19, 2012

A meeting of the Board of Directors of VSF Projects Ltd will be held on January 19, 2012, to consider and approve raising of funds to the tune of Rs. 150.00 Crore through Preferential Issue / QIP Placement of Equity Shares / Warrants for the purpose of investment in its Wholly Owned Subsidiary M/s. VSF Energy Projects Pvt. Ltd.

The VSF Projects Ltd stock last traded on January 11, 2012 at Rs.26.25, up by Rs.1.25 or 5%. The stock hit an intraday high of Rs.26.25 and low of Rs.26.25.

The total traded quantity was 100 compared to 2 week average of 346.

Source : Equity Bulls

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