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Board of Future Consumer Enterprise allots equity shares on preferential basis

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Capital Market

At meeting held on 24 January 2015

Future Consumer Enterprise announced that the Committee of Directors of the Board of Directors of the Company have on 24 January 2015 issued and allotted 4,59,18,367 equity shares of Rs. 6/- each at a price of Rs. 12.74 per equity share aggregating to Rs. 58,49,99,995.58 on preferential basis, in terms of the approval granted by the shareholders of the Company at the Extra Ordinary General Meeting held on 12 January 2015.

In terms of the aforesaid allotment, the paid-up share capital of the Company stands increased to Rs. 9,94,28,64,228/- comprising of 1,65,71,44,038 equity shares of Rs. 6/- each.

 

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First Published: Jan 28 2015 | 11:02 AM IST

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