Pantaloons Fashion & Retail Ltd to raise Rs. 1000 crores

The Board of Directors of Pantaloons Fashion & Retail Ltd at its meeting held on January 07, 2015, has approved issuance of Non-Convertible Debentures of upto Rs. 1000 Crore on Private Placement basis, in one or more tranches, subject to the approval of Shareholders of the Company, which would be obtained by way of Postal Ballot.

Shares of Pantaloons Fashion & Retail Ltd was last trading in BSE at Rs.119 as compared to the previous close of Rs. 118. The total number of shares traded during the day was 894 in over 28 trades.

The stock hit an intraday high of Rs. 119.85 and intraday low of 117.8. The net turnover during the day was Rs. 106147.

Source : Equity Bulls

Keywords