Shoppers Stop announced that the Right Issue Committee of the company at its meeting held on 17 December 2020 has approved the allotment of 2,13,68,982 rights equity shares of Rs. 5 each at a price of Rs 140 per rights equity share (including a premium of Rs 135 per rights equity share).
Accordingly, pursuant to the aforesaid allotment, the paid up share capital of the company stands increased from 8,79,89,928 equity shares of Rs 5 each to 10,93,58,910 equity shares of Rs 5 each.
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