Future Consumer Ltd approves allotment of 4350000 Equity Shares

The Committee of Directors of the Board of Directors of Future Consumer Ltd has on December 28, 2016, issued and allotted 43,50,000 equity shares of Rs. 6/- each consequent to exercise of options granted and vested under FVIL Employees Stock Plan - 2011.

In terms of the aforesaid allotment, the paid-up share capital of the Company stands increased to Rs. 9,97,49,53,428/- comprising of 1,66,24,92,238 equity shares of Rs. 6/- each.

Shares of Future Consumer Limited was last trading in BSE at Rs.19.75 as compared to the previous close of Rs. 19.6. The total number of shares traded during the day was 215151 in over 408 trades.

The stock hit an intraday high of Rs. 20.15 and intraday low of 19.45. The net turnover during the day was Rs. 4279866.

Source : Equity Bulls

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