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Future Lifestyle to raise Rs 300 crore

Funds raised would help meet expansion plans as well as reduce debt.

Tags: retail, retailer, news, Kishore Biyani

May 03, 2014  |  comments ( 0 )  | 
Future Lifestyle to raise Rs 300 crore

Kishore Biyani-led Future Lifestyle Fashions plans to raise Rs300 crore and utilise the funds for its expansion as well as reduce a portion of its debt.

Media reports also indicate that the funds would be raised via selling shares to a group of investors including the promoter family.

Future Lifestyle currently operates more than 4 million sq ft of retail space.

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