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Vas Infrastructure shares down by 8 percent
By siliconindia
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Thursday, 11 November 2010, 23:35 IST
Bangalore:Vas Infrastructure Limited stock was among top losers after price went down by nearly 8 percent. After opening the day at 
176.40, the stock touched its 52 week high of 188.90, before closing the trade at 173.40, with loss of 8.13 percent.Through the day,1297799 shares of Vas Infrastructure Limited were traded in the market.
Vas Infrastructure Limited is an India-based company. The Company is engaged in the acquisition and development of construction and infrastructural activities. The Company is also engaged in the development of land, construction of buildings, and the provision of infrastructure facilities to industrial, commercial and residential complexes for building townships.
Vas Infrastructure Limited previously announced that the Company is going to transact business of allotment equity shares to Precision Containeurs Limited,who have subscribed for 5.00 convertible share warrants of INR 10 each with a premium of INR 15 each. The Board has allotted 5.00 lacs Equity shares as per the original scheme in the ratio 1:1 to the applicant Company being Precision Containeurs Ltd.
176.40, the stock touched its 52 week high of 188.90, before closing the trade at 173.40, with loss of 8.13 percent.Through the day,1297799 shares of Vas Infrastructure Limited were traded in the market.
Vas Infrastructure Limited is an India-based company. The Company is engaged in the acquisition and development of construction and infrastructural activities. The Company is also engaged in the development of land, construction of buildings, and the provision of infrastructure facilities to industrial, commercial and residential complexes for building townships.
Vas Infrastructure Limited previously announced that the Company is going to transact business of allotment equity shares to Precision Containeurs Limited,who have subscribed for 5.00 convertible share warrants of INR 10 each with a premium of INR 15 each. The Board has allotted 5.00 lacs Equity shares as per the original scheme in the ratio 1:1 to the applicant Company being Precision Containeurs Ltd.
