Future Lifestyle Fashions Ltd allots 12736 shares

The Nomination and Remuneration Committee of Future Lifestyle Fashions Ltd at its Meeting held on May 20, 2015, has considered and approved the issue and allotment of 12,736 Equity Shares of Rs. 2/- each to eligible employee upon exercise of Stock Options held under Employee Stock Option Scheme (ESOS - 2013). Upon such allotment, the equity paid-up capital of the Company stands increased from Rs. 37,90,11,462 consisting of 18,95,05,731 equity shares of face value of Rs. 2/- each to Rs. 37,90,36,934/- divided into 18,95,18,467 Equity Shares of Rs. 2/- each.

The Committee also approved the cancellation of 11,596 unvested Stock Options granted to an employee who is no longer associated with the Company.

Shares of Future Lifestyle Fashions Ltd was last trading in BSE at Rs.80.85 as compared to the previous close of Rs. 77.25. The total number of shares traded during the day was 52300 in over 640 trades.

The stock hit an intraday high of Rs. 82.8 and intraday low of 76.7. The net turnover during the day was Rs. 4217209.

Source : Equity Bulls

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