Future Consumer Enterprise allots 45918367 Equity Shares

In terms of the consent granted by the Shareholders of the Company, Future Consumer Enterprise Limited ("Company") has issued and allotted an aggregate of 4,59,18,367 equity shares of the Company to Godrej Agrovet Limited and Anamudi Real Estates LLP (jointly "Sellers") and has accordingly acquired an aggregate of 30% shareholdings of Aadhaar Wholesale Trading and Distribution Limited ("Aadhaar") held by the Sellers, consequent to which Aadhaar is now a wholly owned subsidiary of the Company.

In pursuance to the aforesaid and the allotment of equity shares of the Company to the Sellers, the paid-up equity 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.14.66 as compared to the previous close of Rs. 15.24. The total number of shares traded during the day was 1132757 in over 3452 trades.

The stock hit an intraday high of Rs. 15.67 and intraday low of 14.56. The net turnover during the day was Rs. 17214063.

Source : Equity Bulls

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