Aditya Birla Fashion - Allotment of Equity Shares

January 27, 2016 - 05:39:00 PM

Pantaloons Fashion & Retail Ltd has informed BSE that pursuant the Composite Scheme, the High Power Committee of the Board of Directors of the Company has, vide its Circular Resolution passed on January 27, 2016, allotted 67,60,37,600 (Sixty Seven Crore Sixty Lakhs Thirty Seven Thousand Six Hundred) Equity Shares of Rs. 10 each to the eligible shareholders of ABNL and MGLRCL, whose names were recorded in their respective Register of Members as on the Record Date ("said allotment"). The said shares will rank pari passu with the existing Equity Shares of the Company in all respects.

Consequent to the above allotment, the Paid-up Share Capital of the Company will increase from Rs. 92,80,51,260 (9,28,05,126 Fully Paid-up Equity Shares of Rs. 10/- each) to Rs. 7,68,84,27,260 (76,88,42,726 Fully Paid-up Equity Shares of Rs. 10/- each).

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