Aditya Birla Fashion and Retail Ltd allots 22832 shares

The Nomination and Remuneration Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has approved the allotment of 22,832 (Twenty Two Thousand Eight Hundred and Thirty Two) fully paid-up Equity Shares of Rs. 10/- each ('said shares'), on April 23, 2018, pursuant to the exercise of 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 Equity Share Capital of the Company will increase from Rs. 7,71,69,39,840 (i.e. 77,16,93,984 fully paid-up Equity Shares of Rs. 10/- each) to Rs. 7,71,71,68,160 (77,17,16,816 fully paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.147.05 as compared to the previous close of Rs. 147.75. The total number of shares traded during the day was 12907 in over 187 trades.

The stock hit an intraday high of Rs. 149 and intraday low of 146.25. The net turnover during the day was Rs. 1911074.

Source : Equity Bulls

Keywords