As per the sources available with www.propertykhazana.com, the Board of Directors meeting was proclaimed by Ansal Housing & Construction Ltd and they said that the meeting will be held on December 2nd 2011 to consider and to talk about the exchange of the equity shares of the company which is under the provisions of the section 77A, 77AA and 77B under the Companies Act, 1956 and in the conformity with the Securities and Exchange Board of India Regulations, 1998.
it is also reported by the sources to www.propertykhazana.com that Ansal Housing shares are striking at the higher circuit and the shares of the company recorded a high price of Rs. 38 and a low price of Rs.34 in the stock market. Ansal Housing & Constructions Ltd companies stocks stood 20% in the higher circuit and later the company announced the board meeting on December 2nd 2011 to consider an exchange of the equity shares. Now the shares of the company are trading at Rs. 38 up Rs. 6.40 and the total traded amount on the counter is 35.36 Lakhs.
Source: NIMMA BENGALURU
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