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Pantaloons Fashion & Retail renamed as Aditya Birla Fashion and Retail

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Capital Market
Last Updated : Jan 12 2016 | 7:29 PM IST

With effect from 12 January 2016

Pantaloons Fashion & Retail announced that the name of the Company has been changed from "Pantaloons Fashion & Retail" to "Aditya Birla Fashion and Retail" w.e.f. 12 January 2016, by virtue of the Certificate of Incorporation pursuant to change of name [Pursuant to Rule 29 of the Companies (lncorporation) Rules, 2014] issued by Registrar of Companies, Mumbai (name change).

The aforesaid name change is further to the effectiveness of the Composite Scheme of Arrangement between the Company, Aditya Birla Nuvo (ABNL), Madura Garments Lifestyle Retail Company (MGLRCL) and their respective shareholders and creditors u/s 391 to 394 of the Companies Act, 1956 (Composite Scheme), intimated to Stock Exchange vide its letter dated 09 January 2016.

Also, the provisions of Regulation 45 of the SEBI Regulations are not applicable to the name change of the Company per se as the name change is being effectuated pursuant to the provisions of the Composite Scheme.

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First Published: Jan 12 2016 | 6:35 PM IST

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