VSF Projects gets final approval to set up multi-product free trade warehousing zone; stock climbs ~3.5%

27 Oct 2022 , 09:30 AM

VSF Projects Limited informed that the company has obtained final Approval from the Government of India, Ministry of Commerce & Industry Department of Commerce (SEZ Section), for Setting up a Multi-Product Free Trade Warehousing Zone at Ankulpaturu Village, SPSR Nellore District, Andhra Pradesh.

This is in reference to its earlier communication dated November 9, 2021, with relation to the receipt of formal clearance for the establishment of a Multi-Product FTWZ in Andhra Pradesh, subject to certain requirements.

At around 9.40 AM, VSF Projects was trading at Rs55.25 up by 3.27% from its previous closing of Rs53.50 on the BSE. The scrip opened at Rs55.25 and touched intraday high and low of Rs55.25 and Rs55.25 respectively.

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