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Future Retail
BSE: 523574|NSE: FRL|ISIN: INE623B01027|SECTOR: Retail
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Company History - Future Retail
YEAR                       EVENTS
 1987 - The Company was incorporated on the 12th October, under the
 name
        of Manz Wear Private Limited.
 
 1991 - The Company was converted into a Public  Limited Company
 under
        the name of Manz Wear Limited on 20th September.
 
      - The Company name was changed to Pantaloon Fashions (India) 
        Limited vide certificate of incorporation dated the 25th
        September. 
 
      - The Company is engaged in the manufacture and marketing of
        quality Ready-made Garments for men, including Trousers,
 Shirts,
        Denims, Blazers and Sleep Suits, at its units located at
 Andheri
        in Bombay. 
 
      - The Company's Products are being marketed under the brand
 name
        PANTALOON and BARE NECESSITIES through a network of over 300 
        dealers spanning the Metro and Class l cities in the country.
 
 
      - The Company is promoted by Shri Kishore Biyani, friends and
        associates.
 
 1992 - The Company has successfully launched the Pantaloon Trousers,
        Shirts, Denims, Sleep Suits and other ready-made garments.
 
 1992 - The Company recently made a Public Issue of 25,55,000 equity
        shares of Rs.10/- each for cash at par in May.  The Company
 has
        allotted 36,57,100 Equity Shares on 28th July in consultation
        with the Stock Exchange Bombay.
 
 1994 - The Company is launching a new brand of shirts called `John
        Miller' at affordable prices.
 
 1995
 
 -Pantaloon Fashions (India) Limited has launched John Miller shirts
 
 1996
 
 -Pantaloons Fashions (India) Ltd.has launched the Yorker to concede
 with the world cup
 
 1997 - The Company has launched women's wear, children's wear and
        household products in the last few months.
 
      - The Company has issued 10,00,000 Non-Cumulative Preference
 Shares
        Rs. 10/- each aggregating Rs. 1,00,00,000/- on Private
 Placement
        basis.
 
 1998 - The Company has introduced Shrishti range of Salwaar Kameez. 
        The Company has also added Knitted T-shirts to its range of
        products.
 
 1999 - The Company opened a state-of-art family store at prestigious
        Crossroads, Haji Ali, Mumbai, spread over an area of 4,500
 sq.
        ft.
 
      - The name of the Company was changed with the approval of the
        Members to Pantaloon Retail (India) Ltd.
 
      - The company has recently set up a state-of-the-art trouser
        manufacturing plant in Mumbai with a capacity of 1,200 pieces
        per day.
 
      - Entrepreneurial Jadeja is setting up a joint venture sports
        wear company with the promoters of Pantaloon Retail (India)
        Ltd.
 
 2000 - The company share transfer committee, have allotted 10,00,000
 No.
        of equity shares of Rs. 10/- each at a premium of Rs. 33/-
 per
        share on private placement basis to ICICI Ltd. A/c.
 Structured
        Products Fund.
 
      - The total paid up capital of the company is 1,25,19,413 No.
 of
        equity shares of Rs. 10/- each, ICICI Ltd. A/c Structured
        Products Fund will be holding 7.99% of the enhanced share
        capital. 
 
      - Pantaloon Retail (India) Ltd. has launched stainfree with
 Scotchgard,
        a new range of formal shirts and trousers.
 
 2001
 
 -Retail major Pantaloons has forged an alliance with Arvind Mills for
 the supply of fabric and apparel for its in-house brands.
 
 -Finalised a leasing deal to occupy 50,000 sq ft of space for Rs 25
 lakh
 
 -Issue of 4 million equity shares of Rs.10/- each to the Promoters of
 the company on a preferential basis at a price as per SEBI
 Guidelines.
 
 -Tied up with Andhra Pradesh Handloom Weavers’ Co-operative Society
 and National Institute of Fashion Technology
 
 2002 
 
 -Pantaloon Retail India Ltd has informed that the Board of Directors
 of the company has allotted 40 lac equity shares to the promoters and
 their associates on preferential basis at a price of Rs.31.50 per
 share.
 
 -Promoters sell 584098 shares
 
 -Pantaloon has launched a range of the movie-specific merchandise
 such as notebooks, folders, pens, mouse pads etc. 
 
 -Incidence of fire occurred at one of ATM centre in Maheshwari Plaza
 Mall/Big Bazaar at Abids, Hyderabad.
 
 - Preferential Issue of 8,65,000 Equity shares of Rs.10 each at a
 premium of Rs.40 per share to Promoters & Associates.
 
 2003
 
 -Allotment of 8,65,000 equity shares to the promoters and their
 associates on preferential basis at a price of Rs.50/- per shares as
 approved by the members of the company at their meeting held on
 December 20, 2002
 
 -Change of Registered Office from 'Pantaloon House', G-11, MIDC,
 Cross Road A, Andheri (East), Mumbai - 400 093 to 'Knowledge House',
 Off. Jogeshwari-Vikhroli Link Road, Shyam Nagar, Jogeshwari (E),
 Mumbai - 400 060 w.e.f. January 31, 2003.
 
 -Acquires the trademark and exclusive licensing rights for apparel
 brand Norules in India, from US-based Norules Inc
 
 -Forged an alliance with ICICI Lombard to offer one year free
 insurance cover to customers acquiring gold from Gold Bazaar.
 
 -Teams up with Italian apparel behemoth Moda & Musica to market its
 casual sportswear brand UMM in the domestic market
 
 -Received a letter from ICICI Venture Funds Management Company
 Limited, in which they have stated that they have sold 2,71,083
 shares aggregating to 2.04 % of the total paid-up capital of the
 Company as on September 12, 2003.
 
 -ICICI Venture Funds Management Company Ltd. sells 279900 equity
 shares of the company, bring down the stake in the company to 3.37 %
 (449017 shares)
 
 -Board approves a proposal to allot 9.5 lakh shares (of Rs 10 each)
 to promoters and associates at premium of Rs 102 per share.
 
 -Promoters sell 4.6% stake of the company
 
 -Pantaloon Industries Ltd. acquires 3,00,000 shares aggregating to
 1.57% of the paid up equity share capital of the company
 
 -American Funds Insurance Series Global Small Capitalization Fund
 have acquired 2,09,500 shares of Pantaloon Retail India Ltd.
 representing 1.152% of the total paid up capital of the Company
 
 2004
 
 -Pantaloon Retail (I) Ltd. enters into Strategic alliance with Arvind
 Brands Ltd.
 
 -Pantaloon Retail calls off strategic alliance with Arcus Ltd
 
 -Appoints Mr. Ved Prakash Arya as Chief Operating Officer. Mr. Arya
 will take charge of the retail operations of the company.
 
 -Ties up Arvind Brands Ltd  for Ruf & Tuf brand at its Big Bazaar
 outlets across the country
 
 -Pantaloon Retail (India) Ltd has signed a memorandum of
 understanding (MoU) with K.J. Somaiya Institute of Management &
 Research Studies to offer a specialised course in retail management
 
 -Pantaloon join hands with Unitech for home stores chain
 
 2005
 
 -The Pantaloon Retail has made an offer under Regulation 10 of the
 SEBI (SAST) Regulations to the Public shareholders of Galaxy
 Entertainment Corporation Ltd (Target Company) to acquire upto
 2,542,400 fully paid equity shares of Rs 10/- each, representing in
 the aggregate 20% of the Post issue voting capital at a price of Rs
 51/- (Rupees Fifty One only) per share (the Offer price) payable in
 cash subject to the terms & conditions mentioned.
 
 -Pantaloon sets up restaurant at Bangalore Central Hall
 
 2006
 
 -Pantaloon Retail enters into an agreement with CapitaLand Singapore
 
 -Pantaloon Retail join hands with management schools across the
 country
 
 -Pantaloon Retail India Ltd has launched its newest retail venture
 `Depot'
 
 -Pantaloon Retail - Strategic alliance agreement with Ruchi Soya
 Industries
 
 -Pantaloon Retail signed MOU with Blue Foods on July 31, 2006
 
 -Pantaloon Retail signs MOU with Manipal Health Systems on August 05,
 2006.
 
 - Company has splits its Face value of Shares from Rs 10 to Rs 2
 
 2007
 
 -Pantaloon Retail India Ltd has entered into a 50:50 joint venture
 (JV) with Axiom Telecom LLC, UAE, to do sourcing and wholesale
 distribution of mobile handsets, accessories and setting up service
 centres and Authorised After Sales Service Centres for mobile
 handsets in India.
 
 
 2008
 
 -Pantaloon Retail (India) Ltd. has appointment Mr. Deepak Tanna as
 Deputy Company Secretary and he shall be Compliance Officer with
 immediate effect.
 
 - Pantaloon Retail has inked a 50-50 joint venture pact with French
 apparel firm Celio to add to its garment retailing in India.
 
 -The Company has issued Bonus Shares in the Ratio of 1:10.
 
 -Pantaloon Retail joins hand with French firm
 
 2009
 
 - Pantaloon receives shareholders approval for restructuring biz and
 name change.
 
 - Mr. Vijay Biyani has been co-opted on the Board and then also
 appointed as Whole time Director.
 
 - Pantaloon Retail - Authorisation to open QIP Placement.
 
 - Pantaloon Retail celebrates its first Shopping Festival across all
 retail formats in key Indian cities.
 
 2010
 
 - Mr.Kailash Bhatia has been co-opted on the Board and also appointed
 as Wholetime Director.
 
 - 'Bring anything old and get anything new' at Big Bazaar's 'The
 Great Exchange Offer'.
 
 - Tata Teleservices in Strategic Partnership with Future Group.
 
 - Company Heads walk the ramp for the Pantaloons Style Inc Awards
 Unveil Pantaloons Spring Summer Collection 2010.
 
 - Pantaloons Femina Miss India 2010 Finalists Unveil the 'Pantaloons
 Femina Miss India 2010 Collection'.
 
 2011
 
 - Bengaluru Welcomes 'Next Gen' Pantaloons Store.
 
 - Pantaloons launches its revamped Green Card Loyalty Programme in
 Bengaluru.
 
 - Pantaloons continues its 'Next Gen' journey in Pune.
 
 - Big Bazaar Completes 10 Years.
 
 2012
 
 - Kishore Biyani’s Pantaloon Retail to be re-named as
 ‘Future Retail India Ltd’ post demerger.
 
 - Pantaloon Retail gains over 2% after govt gets Maya boost in RS.
 
 - Future Group Demerges Pantaloons Retail Format from Flagship
 Company Aditya Birla NUVO to Invest in Pantaloons Format.
 
 - Future Group forays into elite gourmet retailing in Bengaluru with
 the launch of the first Foodhall in the city.
 
 - Pantaloon Retail & Future Ventures Demerge Lifestyle Fashion
 Businesses to Create India's Leading Integrated Fashion Company.
Source : Dion Global Solutions Limited
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