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Future Retail allots 4,67,558 equity shares

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Capital Market
Last Updated : Jan 19 2017 | 8:01 PM IST

Under ESOP

Future Retail announced that the Nomination and Remuneration Committee ("the Committee") of the Company has approved the following by way of Circular Resolution.

- Allotment of 4,67,558 Equity Shares of Rs. 2/- each to eligible employee(s) under the FRL ESOP - 2016 of the Company.

Upon allotment, the paid equity share capital of the Company stand increased from Rs. 94,26,77,114/- (Rupees Ninety Four Crore Twenty Six Lac Seventy Seven Thousand One Hundred Fourteen only) divided into 47,13,38,557 (Forty Seven Crore Thirteen Lac Thirty Eight Thousand Five Hundred Fifty Seven only) Equity Shares of Rs. 2/- (Rupees Two only) each to Rs. 94,36,12,230/- (Rupees Ninety Four Crore Thirty Six Lac Twelve Thousand Two Hundred Thirty only) divided into 47,18,06,115 (Forty Seven Crore Eighteen Lac Six Thousand One Hundred Fifteen only) Equity Shares of Rs. 2/- (Rupees Two only) each.

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First Published: Jan 19 2017 | 7:44 PM IST

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