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

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