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Pantaloon Retail: 1 cr warrants allotment to promoters

Pantaloons Retail has declared the allotment of Rs 1 crore warrants to


June 30, 2010  |  comments ( 0 )  | 
Pantaloon Retail: 1 cr warrants allotment to promoters

Pantaloons Retail has declared the allotment of Rs 1 crore warrants to its promoters’ group company, Future Ideas Realtors India Ltd. Diving into the details, the company directors have allotted a piece for Rs 400, aggregating to Rs 400 cr to Future Ideas Realtors India.

The company has allotted shares of the face value of Rs 2 each, at a premium of Rs 398 a piece, aggregating to Rs 400 each. The company is aspiring to become Rs 25,000 crore entity by 2013-14. Further the company aims to add 18 million sq ft of retail space by the end of the period.


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