Under scheme of arrangement
Aditya Birla Fashion & Retail announced that pursuant to the Composite Scheme of Arrangement amongst the Company, Aditya Birla Nuvo ("ABNL"), Madura Garments Lifestyle Retail Company and their respective shareholders and creditors, the Company has allotted 3,46,552 Equity Shares ("said Shares") of Rs. 10/- each, to Non-resident (Repatriable) Shareholders of ABNL on Non - Repatriable Basis, under Lot 6 on 06 January 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. 7,69,88,56,140 (i.e. 76,98,85,614 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,70,23,21,660 (i.e. 77,02,32,166 Fully Paid-up Equity Shares of Rs. 10/- each).
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