On conversion of warrants
Future Retail announced that the Committee of Directors of the Company at their Meeting held on 06 July 2015, have made allotment of 1,34,98,300 Class B (Series 1) shares of Rs. 2/- each at a premium of Rs. 66.69 per share aggregating Rs. 92,71,98,227/- to Future Corporate Resources (FCRL) being a company within the Promoter Group, on exercise of option on balance Class B Warrants allotted to them, on receipt of balance amount payable on such number of warrants.Consequently, the paid-up capital of the Company has increased from Rs. 82,83,95,404/- (Rupees Eighty Two Crore Eighty Three Lakh Ninety Five Thousand Four Hundred Four) comprising of 38,83,21,323 (Thirty Eight Crore Eighty Three Lakh Twenty One Thousand Three Hundred Twenty Three) Equity shares of Rs. 2/- (Rupees Two only) each and 2,58,76,379 (Two Crore Fifty Eight Lakh Seventy Six Thousand Three Hundred Seventy Nine) Class B (Series 1) Shares of Rs.2/- (Rupees Two only) each to Rs.85,53,92,004/- (Rupees Eighty Five Crore Fifty Three Lakh Ninety Two Thousand Four) comprising of 38,83,21,323 (Thirty Eight Crore Eighty Three Lakh Twenty One Thousand Three Hundred Twenty Three) Equity shares of Rs.2/- (Rupees Two only) each and 3,93,74,679 (Three Crore Ninety Three Lakh Seventy Four Thousand Six Hundred Seventy Nine) Class B (Series 1) Shares of Rs. 2/- (Rupees Two only) each
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