The stock ended at Rs 125.55, up 3.98 per cent on the BSE. In intra-day, it surged 7.66 per cent to Rs 130.
At the NSE, the scrip gained 3.85 per cent to Rs 124.20.
In a filing to BSE yesterday, Pantaloons Fashion had said a meeting of the Board of Directors of the company willbe held on July 18, 2014, inter-alia to consider the fund raising proposal(s), including rights issue.
The company made the announcement after market hours yesterday.