Aditya Birla Fashion And Retail approves allotment of 68,433 Equity Shares

The Stakeholders' Relationship Committee of the Board of Directors of Aditya Birla Fashion And Retail Limited has today, i.e. on July 11, 2017, allotted 68,433 (Sixty Eight Thousand Four Hundred and Thirty Three) fully paid-up Equity Shares of Rs 10/- each ('said shares'), pursuant to the exercise of Stock Options and Restricted 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. 7,71,52,88,850 (77,15,28,885 Fully Paid-up Equity Shares of Rs 10/- each) to Rs 7,71,59,73,180 (77,15,97,318 Fully Paid-up Equity Shares of Rs 10/- each).

Shares of Aditya Birla Fashion And Retail Limited was last trading in BSE at Rs.174.9 as compared to the previous close of Rs. 176.2. The total number of shares traded during the day was 50400 in over 440 trades.

The stock hit an intraday high of Rs. 177.05 and intraday low of 173.1. The net turnover during the day was Rs. 8873468.

Source : Equity Bulls

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