Aditya Birla Fashion and Retail Ltd approves allotment of 10843 shares under ESOP / ESPS

The Stakeholders Relationship Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has today, i.e. on September 8, 2017, allotted 10,843 (Ten Thousand Eight Hundred and Forty Three) fully paid-up Equity Shares of Rs. 10/- each ('said shares'), pursuant to the exercise of Stock Options and Restricted Stock Units 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. 7,71,62,58,190 (i.e. 77,16,25,819 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,71,63,66,620 (77,16,36,662 Fully Paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd. was last trading in BSE at Rs.176.4 as compared to the previous close of Rs. 178.35. The total number of shares traded during the day was 62903 in over 765 trades.

The stock hit an intraday high of Rs. 182 and intraday low of 174.25. The net turnover during the day was Rs. 11173491.

Source : Equity Bulls

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