Hyderabad, Aug 8
The board of directors of VBC Ferro Alloys Ltd, at its meeting held on Tuesday, allotted shares on preferential basis to certain entities. The company informed the stock exchanges that the board allotted 60,000 shares to Dr M.V.V.S. Murthi; 1,000 shares each to Dr N. Tata Rao, Mr M.S.P. Rama Rao, Mr M.S. Lakshman Rao and Mr N. Babu Rao; 36,000 shares to VBC Industrial Holdings Pvt Ltd; and 25,000 shares each to Konaseema Infrastructure Pvt Ltd and Bharat Alloys & Energy Ltd.