Board of Aditya Birla Capital allots 10 crore equity shares to Jomei Investment

Image
Capital Market
Last Updated : Feb 27 2020 | 1:31 PM IST

On 27 February 2020

The Board of Aditya Birla Capital on 27 February 2020 has allotted 10 crore equity shares of Rs 10 each on preferential basis at a price of Rs 100 per share (including premium of Rs 90 per share) for an aggregate consideration of Rs 1000 crore to Jomei Investments.

Consequently, the issued, subscribed and paid-up equity share capital of the Company stands increased from Rs. 23,13,42,33,510 (divided into 2,31,34,23,351 equity shares of face value Rs.10/- each) to Rs. 24,13,42,33,510 (divided into 2,41,34,23,351 equity shares of face value Rs.10/- each).

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 27 2020 | 12:48 PM IST

Next Story