Held on 03 May 2014
The Board of Future Lifestyle Fashions at its meeting held on 03 May 2014, approved the issue of 1,55,27,950 equity shares of Rs 2 each at a price of Rs 80.5 per share aggregating to Rs 125 crore on preferential basis to PI Opportunities Fund I; issue of 31,05,590 equity shares of Rs 2 each at Rs 80.5 per share aggregating to Rs 25 crore and 1,86,33.540 compulsorily convertible debentures of face value of Rs 80.5 each at par aggregating to Rs 150 crore on preferential basis to a promoter group of the Company.Powered by Capital Market - Live News