Aditya Birla Fashion and Retail Ltd approves allotment Of 26,765 Equity Shares Under Employees Stock Option Scheme, 2013

The Stakeholders Relationship Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has today i.e. on March 10, 2017 has allotted 26,765 (Twenty-Six Thousand Seven Hundred and Sixty-Five) Equity Shares of Rs.10 each ('said shares'), pursuant to exercise of Stock Options under the Employee Stock Options Scheme-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. 770,50,03,890 (77,05,00,389 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,70,52,71,540 (77,05,27,154 Fully Paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.147.3 as compared to the previous close of Rs. 145.05. The total number of shares traded during the day was 65203 in over 571 trades.

The stock hit an intraday high of Rs. 149.45 and intraday low of 145.6. The net turnover during the day was Rs. 9594504.

Source : Equity Bulls

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