Aditya Birla Fashion and Retail Ltd allots 16,94,060 shares

Pursuant to the Composite Scheme, Aditya Birla Fashion and Retail Ltd has today i.e. on March 19, 2019, allotted 16,94,060 (Sixteen Lakh Ninety Four Thousand and Sixty) fully paid-up Equity Shares of Rs. 10/- each ('said Shares'), to Non-resident Shareholders of ABNL, under Lot 11.

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. 7,71,76,81,540 (77,17,68,154 fully paid-up Equity Shares of Rs. 10/- each) to Rs. 7,73,46,22,140 (i.e. 77,34,62,214 fully paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.228.6 as compared to the previous close of Rs. 230.55. The total number of shares traded during the day was 54091 in over 629 trades.

The stock hit an intraday high of Rs. 230.85 and intraday low of 228. The net turnover during the day was Rs. 12416490.

Source : Equity Bulls

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