Aditya Birla Fashion & Retail allots equity shares

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 206,439 Equity Shares ("said Shares") of Rs. 10/- each, to Non-resident Repatriable Shareholders of ABNL on Non- Repatriable/ Residential basis, under Lot 5 on 05 December 2016. 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. 7,69,21,50,620 (i.e. 76,92,15,062 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,69,42,15,010 (i.e. 76,94,21,501 Fully Paid-up Equity Shares of Rs. 10/- each).

 

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