Future Consumer Enterprise Ltd allots 45918367 equity shares

The Committee of Directors of the Board of Directors of Future Consumer Enterprise Ltd have on January 24, 2015 issued and allotted 4,59,18,367 equity shares of Rs. 6/- each at a price of Rs. 12.74 per equity share aggregating to Rs. 58,49,99,995.58 on preferential basis, in terms of the approval granted by the shareholders of the Company at the Extra Ordinary General Meeting held on January 12, 2015.

In terms of the aforesaid allotment, the paid-up share capital of the Company stands increased to Rs. 9,94,28,64,228/- comprising of 1,65,71,44,038 equity shares of Rs. 6/- each.

Shares of Future Consumer Enterprise Limited was last trading in BSE at Rs.12.07 as compared to the previous close of Rs. 12.22. The total number of shares traded during the day was 712684 in over 1930 trades.

The stock hit an intraday high of Rs. 12.55 and intraday low of 11.52. The net turnover during the day was Rs. 8619485.

Source : Equity Bulls

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