Aditya Birla Fashion and Retail Ltd allots 15532 shares

Pursuant to the exercise of Stock Options under the Aditya Birla Fashion and Retail Limited Employee Stock Option Scheme 2017, the Nomination and Remuneration Committee of the Board of Directors of the Aditya Birla Fashion and Retail Limited ('Company') has today i.e. on December 3, 2018, approved the allotment of 15,532 (Fifteen Thousand Five Hundred and Thirty Two) 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. 7,71,72,26,590 (77,17,22,659 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,71,73,81,910 (77,17,38,191 Fully Paid-up Equity Shares of Rs. 10/- each).

Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.185.1 as compared to the previous close of Rs. 180.95. The total number of shares traded during the day was 623721 in over 857 trades.

The stock hit an intraday high of Rs. 185.9 and intraday low of 177.95. The net turnover during the day was Rs. 114448854.

Source : Equity Bulls

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