Aditya Birla Fashion and Retail Ltd approves allotment Of 5,709 Equity Shares Under ESOS-2013

The Stakeholders Relationship Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has today, i.e. on April 28, 2017, allotted 5,709 (Five Thousand Seven Hundred and Nine) Equity Shares of Rs. 10/- each ('said shares'), pursuant to exercise of Restricted Stock Options under the ESOS - 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. 7,71,52,31,760 (77,15,23,176 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,71,52,88,850 (77,15,28,885 Fully Paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.173 as compared to the previous close of Rs. 174.15. The total number of shares traded during the day was 37317 in over 752 trades.

The stock hit an intraday high of Rs. 174.8 and intraday low of 171. The net turnover during the day was Rs. 6459137.

Source : Equity Bulls

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