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The latest update is out from Aditya Birla Fashion and Retail Limited ( (IN:ABFRL) ).
Aditya Birla Fashion and Retail Limited has allotted 5,500 fully paid-up equity shares of ₹10 each under its TCNS Division Employee Stock Option Scheme 2024, following the exercise of options by eligible employees. With this allotment, the company’s paid-up equity share capital has risen marginally from ₹12,20,52,05,520 to ₹12,20,52,60,520, reflecting a small but ongoing equity dilution as part of its employee incentive framework, which aligns staff interests with long-term shareholder value.
More about Aditya Birla Fashion and Retail Limited
Aditya Birla Fashion and Retail Limited is a leading Indian apparel and retail company, operating across segments such as branded fashion, lifestyle, and ethnic wear. It manages a broad portfolio of popular brands and retail formats, with a strong presence in the domestic fashion and retail market.
Average Trading Volume: 244,054
Technical Sentiment Signal: Sell
Current Market Cap: 88.48B INR
See more insights into ABFRL stock on TipRanks’ Stock Analysis page.