Aditya Birla Fashion and Retail Ltd allots 22760 shares

The Nomination and Remuneration Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has today i.e. on December 31, 2018, approved the allotment of 22,760 (Twenty Two Thousand Seven Hundred and Sixty) Fully Paid-up Equity Shares of Rs. 10/- each ('said shares'). 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. 7,71,73,81,910 (77,17,38,191 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,71,76,09,510 (77,17,60,951 Fully Paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.202.4 as compared to the previous close of Rs. 204.9. The total number of shares traded during the day was 107970 in over 686 trades.

The stock hit an intraday high of Rs. 207.25 and intraday low of 201.5. The net turnover during the day was Rs. 21973315.

Source : Equity Bulls

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