On 03 June 2021Britannia Industries has on 03 June 2021 allotted unsecured, non-convertible, redeemable, fully paid up debentures having a face value of Rs. 29 each (bonus debentures) aggregating Rs 698.15 crore in accordance with scheme of arrangement to eligible equity shareholders as of 27 May 2021 (record date). The bonus debentures will be redeemed after 3 years from the date of allotment.
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FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 62.89 points or 0.49% at 12879.37 at 13:49 IST. Among the components of the S&P BSE FMCG Sector index, Balrampur Chini Mills Ltd (down 2.64%), Gujarat Ambuja Exports Ltd (down 2.06%),KRBL Ltd (down 1.85%),Britannia Industries Ltd (down 1.76%),Kaveri Seed Company Ltd (down 1.48%), were the top losers. Among the other losers were Dhampur Sugar Mills Ltd (down 1.45%), Godrej Consumer Products Ltd (down 1.04%), Hindustan Unilever Ltd (down 1.03%), Tasty Bite Eatables Ltd (down 0.97%), and Waterbase Ltd (down 0.89%). On the other hand, CCL Products (India) Ltd (up 5.46%), Heritage Foods Ltd (up 5%), and Hindustan Foods Ltd (up 5%) turned up.
Read more about FMCG stocks ease on Business Standard. FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 62.89 points or 0.49% at 12879.37 at 13:49 IST.