Know about Bhagyanagar India.Please Reply.

#1
Hello To ALL.

I have bought BhagayaNagar India 512296 @29 of 2000 quantity.

And currently It is running @26.10.

Can any one tell when this stock price will up ?

And company also buy back its shares.Can anyone tell when it will buy back shares ?

Please Reply.
 
#2
Bhagyanagar India - Result of Postal Ballot
May 19, 2009
Bhagyanagar India Ltd has informed BSE that the members of the Company by way of Postal Ballot have approved the Special Resolution under sections 77A, 77AA, 77B of the Companies Act, 1956 relating to Buy-Back the fully paid-up Equity Shares of the Company of Rs 2/- each from open market through stock exchange mechanism, for an aggregate amount not exceeding Rs 20,00,00,000/- (Rupees Twenty Crores only), up to a minimum of 50,00,000 shares and a maximum of 1,00,00,000 shares, at the prevailing market price up to a maximum price of Rs 40/- per equity share, with requite majority.
http://money.rediff.com/companies/news/443819