Future Consumer Limited updates on allotment of securities by subsidiaries

MNS Foods Limited, subsidiary company ("MNS"), has issued and allotted 11,20,000 Optionally Convertible Debentures having face value of Rs. 100 each ("Debentures") to the Company on 30th June, 2023. The Debentures are issued for a term of 10 (Ten) years and the Company has the right to convert the Debentures into equity shares anytime during its tenure at the price and on the terms and conditions governing the same.

FCL Tradevest Private Limited, wholly owned subsidiary ("FCL Tradevest"), has issued and allotted 38,50,000 equity shares of Rs. 10 each at par to the Company on 30th June,2023.

Shares of Future Consumer Limited was last trading in BSE at Rs. 0.89 as compared to the previous close of Rs. 0.87. The total number of shares traded during the day was 1125758 in over 850 trades.

The stock hit an intraday high of Rs. 0.90 and intraday low of 0.83. The net turnover during the day was Rs. 974567.00.

Source : Equity Bulls

Keywords

FutureConsumer INE220J01025 Allotment Securities MNSFoods FCLTradevest