VKJ Infradevelopers provides update on pricing of preferential issue of shares

Preferential issue price is Rs 12 (including premium of Rs 11) per share

VKJ Infradevelopers announced that preferential issue is being made at a price of Rs 12 per share including a premium of Rs 11 per equity share.

At the Company's board meeting held on 14 July 2017, the Board of Directors had decided on the following -

To raise funds through preferential issue of equity shares and to acquire 100% stake in a company having a land spread in around 6 acres and to start a product of housing development involving cost of Rs 120 crore.

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