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Avenue Supermarts informs about allotment of equity shares under ESOP

26 Nov 2019 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avenue Supermarts has informed that the ESOP Committee of the Company vide Circular Resolution dated November 26, 2019 has allotted 953,629 equity shares of Rs 10 each at an exercise price of Rs 299 per equity share to eligible employees pursuant to exercise of options under ESOP 2016. Consequently, the paid up share capital of the company stands increased to Rs 6,269,603,690 divided into 626,960,369 equity shares of Rs 10 each upon allotment.

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

Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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