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

On 27 February 2020

Feb 27, 2020 07:02 IST capital market

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).

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