Future Consumer Ltd allots 10 lakh shares

The Committee of Directors of the Board of Directors of Future Consumer Ltd has on 4th September, 2017 issued and allotted 10,00,000 equity shares consequent to exercise of options, at the exercise price as determined under Future Consumer Enterprise Limited - Employees Stock Plan 2014. In terms of the aforesaid allotment of equity shares, the paid-up share capital of the Company stands increased to Rs. 10,15,78,12,200/- comprising of 1,69,29,68,700 equity shares of Rs. 6/- each. This may please be considered as compliance in terms of the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take it on record and acknowledge receipt of the same.

Shares of Future Consumer Limited was last trading in BSE at Rs.48.9 as compared to the previous close of Rs. 50.35. The total number of shares traded during the day was 1174374 in over 2581 trades.

The stock hit an intraday high of Rs. 51 and intraday low of 48.65. The net turnover during the day was Rs. 58046166.

Source : Equity Bulls

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