Valuemart Retail Solutions has informed that a meeting of the board of directors of the company will be held on February 08, 2013, to consider and approve the allotment of 50,00,000 equity shares of Rs. 10 each at a premium of Rs. 38 per share to non-promoters and strategic Investors for cash on a preferential basis.
The above information is a part of company’s filings submitted to BSE.