Britannia Industries Ltd allots Equity Shares to Varun Berry

The Board of Directors of Britannia Industries Ltd by way of a Circular Resolution have approved the proposal for allotment of Equity Shares of the Company of the face value of Rs. 2 each to Mr. Varun Berry as under on exercise of options granted to him at an exercise price of Rs. 870.35 per Equity Share under the Employee Stock Option Scheme (ESOS) as fully paid-up.

The Equity Shares would rank pari passu with the existing Equity Shares of the Company in all respects including dividend entitlement for the Financial Year 2014-15.

With this allotment the total Paid-up Capital of the Company stands at Rs. 23,99,51,630 (divided into 11,99,75,815 Equity Shares of Rs. 2 each).

Shares of BRITANNIA INDUSTRIES LTD. was last trading in BSE at Rs.2595.75 as compared to the previous close of Rs. 2601.05. The total number of shares traded during the day was 29780 in over 3018 trades.

The stock hit an intraday high of Rs. 2630 and intraday low of 2585. The net turnover during the day was Rs. 77473145.

Source : Equity Bulls

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