Aditya Birla Fashion and Retail Ltd approves allotment of 154955 Equity Shares under ESOS, 2013

The Stakeholders Relationship Committee of the Board of Directors of Aditya Birla Fashion and Retail Ltd has on February 06, 2017 has allotted 1,54,955 (One Lac Fifty Four Thousand Nine Hundred and Fifty Five) Equity Shares of Rs. 10 each ("said shares"), pursuant to exercise of Stock Options under the Employee Stock Options Scheme-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 Share Capital of the Company will increase from Rs. 7,70,33,21,660 (77,03,32,166 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,70,38,71,210 (77,03,87,121 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 as compared to the previous close of Rs. 145.45. The total number of shares traded during the day was 70078 in over 1242 trades.

The stock hit an intraday high of Rs. 148.05 and intraday low of 142.7. The net turnover during the day was Rs. 10178707.

Source : Equity Bulls

Keywords