Wednesday, 5 December 2018

VST Tillers Tractors slips 1% on CEO resignation


Share price of VST Tillers Tractors declined 1.3 percent intraday Wednesday after CEO resignation.

KU Subbaiah, chief executive officer (CEO) of the company has resigned from the post of CEO due to his personal reason with effect from January 1, 2019.

The company accepted his resignation.

The trading window shall be closed from December 4 to December 6 (both days inclusive.

The company sold 2108 Power Tillers in the month of November 2018 against 2408 Power Tillers in November 2017.

It sold 628 units of Tractors in November 2018 against 514 Tractors in November 2017.

At 10:42 hrs VST Tillers Tractors was quoting at Rs 1,578.00, down Rs 22, or 1.38 percent on the BSE.

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Source: Moneycontrol

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