Aditya Birla Fashion and Retail Ltd approves allotment of 464113 Equity Shares

The Stakeholders Relationship Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has on December 16, 2016, allotted 4,64,113 (Four Lac Sixty Four Thousand One Hundred and Thirteen) Equity Shares of Rs. 10 each ("said shares"), pursuant to exercise of Stock Options under the ES0S-2013. The said Shares will rank pari passu with the existing Equity Shares of the Company in all respects.

Consequent to the above allotment, the Paid-up Share Capital of the Company will increase from Rs. 7,69,42,15,010 (769421501 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,69,88,56,140 (769885614 Fully Paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.137.9 as compared to the previous close of Rs. 139.35. The total number of shares traded during the day was 41861 in over 597 trades.

The stock hit an intraday high of Rs. 139.95 and intraday low of 137. The net turnover during the day was Rs. 5771624.

Source : Equity Bulls

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