Grasim Industries Ltd. allots 190462665 shares

The Allotment Committee of the Board of Directors of Grasim Industries Ltd. has approved allotment of 19,04,62,665 Equity shares of Rs. 2 each of the Company under the Composite Scheme of Arrangement between Aditya Birla Nuvo Limited and Grasim Industries Limited and Aditya Birla Financial Services Limited (now known as Aditya Birla Capital Limited) and their respective shareholders and creditors.

Shares of GRASIM INDUSTRIES LTD. was last trading in BSE at Rs.1258.25 as compared to the previous close of Rs. 1255.15. The total number of shares traded during the day was 146924 in over 1922 trades.

The stock hit an intraday high of Rs. 1268.65 and intraday low of 1252.05. The net turnover during the day was Rs. 185335068.

Source : Equity Bulls

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