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 Corporate - Preferential Allotments


Vijay Shanthi Builders to make pref allotment

Our Bureau

CHENNAI: Vijay Shanthi Builders Ltd will make a Rs 60-crore preferential allotment of shares to its directors to fund its new projects.

Mr Suresh V. Jain, Managing Director, Vijay Shanthi Builders Ltd, said the board of directors will meet on April 30 to consider the issue and the set the date for the extraordinary general meeting of the company to seek shareholders approval for the issue of such shares.

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