On preferential basis
Future Lifestyle Fashions announced that duly authorized Committee of Directors, at its meeting held on 17 November 2014, has made allotment of 1,59,34,065 Equity Shares of face value of Rs. 2/- each at a premium of Rs. 89 per share to Ryka Commercial Ventures and 32,96,700 Compulsorily Convertible Debentures of face value of Rs.91/- each at par to Arlette Infrastructure, on preferential basis.Upon such allotment, the paid-up equity capital of the Company stands increased from Rs. 34,05,31,916/- (Rupees Thirty Four Crore Five Lacs Thirty One Thousand Nine Hundred and Sixteen) divided into 17,02,65,958 (Seventeen Crore Two Lacs Sixty Five Thousand Nine Hundred and Fifty Eight) Equity Shares of Rs.2/- (Rupees Two only) each to Rs.37,24,00,046/- (Rupees Thirty Seven Crore Twenty Four Lacs and Forty Six) divided into 18,62,00,023 (Eighteen Crore Sixty Two Lacs and Twenty Three) Equity Shares of Rs.2/- (Rupees Two only) each.
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