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Aditya Birla Fashion and Retail informs about allotment of equity shares

07 Jan 2017 Evaluate

Aditya Birla Fashion and Retail has informed that pursuant to the Composite Scheme of Arrangement amongst the Company, Aditya Birla Nuvo Limited (‘ABNL’), Madura Garments Lifestyle Retail Company and their respective shareholders and creditors, the Company has allotted 346,552 Equity Shares (‘said Shares’) of Rs 10 each, to Non-resident (Repatriable) Shareholders of ABNL on Non - Repatriable Basis, under Lot 6 on January 06, 2017. The said Shares rank pari passu in all respects with the existing Equity Shares of the Company. Consequent to the above allotment, the Paid-up Equity Share Capital of the Company has increased from Rs 7,698,856,140 (i.e. 769,885,614 Fully Paid-up Equity Shares of Rs 10 each) to Rs 7,702,321,660 (i.e. 770,232,166 Fully Paid-up Equity Shares of Rs 10 each).

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Avenue Supermarts 3835.00
Trent 2780.40
Vishal Mega Mart 106.40
PN Gadgil Jewellers 604.75
Aditya Birla Life 79.93
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