Future Supply Chain Solutions will hold a meeting of the Board of Directors of the Company on 25 June 2020.

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Future Enterprises Ltd, Prime Focus Ltd, Indo Thai Securities Ltd and Autolite (India) Ltd are among the other losers in the BSE's 'B' group today, 13 March 2020.

Future Supply Chain Solutions Ltd lost 20.00% to Rs 226.8 at 14:35 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 2542 shares were traded on the counter so far as against the average daily volumes of 2298 shares in the past one month.

Future Enterprises Ltd tumbled 19.95% to Rs 15.05. The stock was the second biggest loser in 'B' group.On the BSE, 1.62 lakh shares were traded on the counter so far as against the average daily volumes of 71282 shares in the past one month.

Prime Focus Ltd crashed 19.79% to Rs 31.2. The stock was the third biggest loser in 'B' group.On the BSE, 17599 shares were traded on the counter so far as against the average daily volumes of 8403 shares in the past one month.

Indo Thai Securities Ltd corrected 19.42% to Rs 15.35. The stock was the fourth biggest loser in 'B' group.On the BSE, 2766 shares were traded on the counter so far as against the average daily volumes of 791 shares in the past one month.

Autolite (India) Ltd pared 19.30% to Rs 12.75. The stock was the fifth biggest loser in 'B' group.On the BSE, 2877 shares were traded on the counter so far as against the average daily volumes of 1057 shares in the past one month.

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Net profit of Future Supply Chain Solutions declined 28.24% to Rs 13.80 crore in the quarter ended December 2019 as against Rs 19.23 crore during the previous quarter ended December 2018. Sales declined 15.06% to Rs 283.13 crore in the quarter ended December 2019 as against Rs 333.32 crore during the previous quarter ended December 2018.

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The Board of Future Supply Chain Solutions at its meeting held on 17 December 2019 has approved the following -

Allotment of 37,89,350 equity shares of Rs 10 each as fully paid up to Nippon Express (South Asia & Oceania) on preferential basis at a price of Rs 664 per share (including a share premium of Rs 654 per share).

Subsequent to such allotment and together with the allotment of 6,300 equity shares pursuant to the exercise of stock options, the issue and paid up share capital stands increased to Rs 43,88,35,980 dividend into 4,38,83,598 equity shares of Rs 10 each.

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