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Thursday, May 05, 2005
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 Markets - Preferential Allotments


Vijay Shanthi Builders plans pref issue

CHENNAI: Vijay Shanthi Builders Ltd will issue 6,03,000 shares on a preferential basis to the promoters and relatives at a price of Rs 12.50 per share, inclusive of a premium of Rs 2.50 per share. The issue of shares was approved by the board on April 30.

An EGM will be held on May 30 to seek the members' consent for the proposed preferential issue. — Our Bureau

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