Aditya Birla Fashion and Retail Ltd allots 19246 shares

The Nomination and Remuneration Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has today i.e. on March 22, 2019 approved the allotment of 19,246 (Nineteen Thousand Two Hundred and Forty Six) 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. 7,73,46,22,140 (77,34,62,214 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,73,48,14,600 (77,34,81,460 Fully Paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.224.75 as compared to the previous close of Rs. 226.15. The total number of shares traded during the day was 74869 in over 883 trades.

The stock hit an intraday high of Rs. 228.15 and intraday low of 224.1. The net turnover during the day was Rs. 16875564.

Source : Equity Bulls

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