Future Consumer Ltd allots 149,656,999 equity shares

Future Consumer Ltd has on 26th October, 2017 allotted 149,656,999 equity shares to Black River Food 2 Pte. Ltd., consequent to conversion of Compulsorily Convertible Debentures and coupons thereon, issued pursuant to the approval granted by the Shareholders of the Company at an Extra Ordinary General Meeting held on 22nd January, 2016.

In terms of the aforesaid allotment of equity shares, the paid-up share capital of the Company stands increased to Rs.11,056,414,194/- comprising of 1,842,735,699 equity shares of Rs. 6/- each.

Shares of Future Consumer Ltd was last trading in BSE at Rs.56.75 as compared to the previous close of Rs. 57.8. The total number of shares traded during the day was 966592 in over 2273 trades.

The stock hit an intraday high of Rs. 58.4 and intraday low of 55.95. The net turnover during the day was Rs. 55050431.

Source : Equity Bulls

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