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To open 15 stores
Posted by :
sajnaniThank you, I will buy and add Pantaloon Retail, big plans, already proven business model, the ultimate leader in Retail Giant Big bazar and Future Group, Mr. Kishor Biyani, Buy Pantaloon, Buy, Buy, Buy...
To open 15 stores
Posted by :
rvk41
Pantaloon Fresh Fashion, the fashion retail format of the Future Group, has plans to open 15 new fresh fashion stores in select major cities across the country in the next couple of years, reports Business Standard.
Zahid Shaikh, chief marketing, Pantaloon Retail (India) said, ``Our intention is to grow very fast. As part of expansion plans, we are planning to open 15 new Fresh Fashion stores in major cities across the country, including two in Bangalore and one each in Chennai and Kolkata in the next two years. The average retail space of each store will be around 20,000 sft.``
For information,with regards
rvk41
...
To invest Rs 2.5 bn
Posted by : tara23yes.. it remains another counter to look upon during dull days to enter......
To invest Rs 2.5 bn
Posted by : rvk41
Kishore Biyani-led Pantaloon Retail India (PRIL) has plans to pump in around Rs 2.5 billion within the next year-and-half for setting up 10 Central malls in the country, reports Business Standard.
With this, India`s largest listed retailer will add another 1.5-1.7 million sq ft to its existing retail space of 14 million sq ft, Future Group founder and chief executive officer Kishore Biyani said.
There will be 9-10 Central malls in the country within the next 12-18 months. The average cost of setting up a Central is about Rs 250 million.
The company is planning to expand Central further into some of the country`s other consumption centres like Ahmedabad, Bangalore, Vizag, Raipur and Jaipur.
The lifestyle retailing mall, which set up shop in Indore earlier this month, will also have a presence in Surat, Thane and Nashik. Besides, South Mumbai will have one Central spread over 1 lakh sq ft at Tardeo.
The supermarket major will fuel the expansion through Rs 3675 million it raised through preferential issue of equity shares and warrants last month.
Further it plans to raise additional long term funds of up to Rs 10 billion in one or more tranches through issuance of securities to various investors.
PRIL will also roll out six Big Bazaar and eight Food Bazaar stores by July-end, a company said.
Besides, in the electronic and home retailing segments, the BSE-listed company will set up six eZone and two HomeTown stores by next month-end.
The company today opened its largest HomeTown store, spanning two lakh sq ft, at Rajarhat in Kolkata.
Biyani is likely to realign PRIL into three separate entities catering to FMCG, retail and fashion, and rechristening the group as Future Markets & Consumer Group, for which shareholders` approval has already been sought
For information,with regards
rvk41...
buy 15 to 30 days
Posted by :
nonishobig announcement shortly stock will go to 400rs plus after the big news ,in 3 months 650 plus wait and watch,just buy buy buy buy buy buy...
NSE Announcements on Pantaloon Ret
Posted by : MMB MessengerPantaloon Retail (India) Ltd. has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the members of the Company will be held on July 07, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Pantaloon Ret
Posted by : MMB MessengerPantaloon Retail (India) Ltd. has informed the Exchange that as per the resolutions passed at the Board Meeting held on June 08, 2009, an Extraordinary General Meeting of the Company will be held on July 07, 2009 for obtaining shareholders approval for the issuance of securities to various investors by various means including public / private offerings and/or qualified institutional placement and/or on preferential allotment basis or any combination thereof under the applicable provisions of SEBI (Disclosure and Investor Protection) Guidelines, 2000 upto an amount not exceeding Rs.1000 crores in one or more tranches....
BSE Announcements on Pantaloon Ret
Posted by : MMB MessengerPantaloon Retail (India) Ltd has informed BSE that as per the resolutions passed at the Board Meeting held on June 08, 2009, an Extraordinary General Meeting (EGM) of the Company will be held on July 07, 2009, for obtaining shareholders approval for the issuance of securities to various investors by various means including public / private offerings and / or qualified institutional placement and / or on preferential allotment basis or any combination thereof under the applicable provisions of SEBI (Disclosure and Investor Protection) Guidelines, 2000 upto an amount not exceeding Rs 1000 crores in one or more tranches....
NSE Announcements on Pantaloon Ret
Posted by : MMB MessengerPantaloon Retail (India) Ltd. has informed the Exchange that "A meeting of Board of Directors of the Company was held on June 08, 2009. Among other decisions:- 1. the Board authorised raising of additional long term funds through further issuance of equity based securities to various investors by various means including public / private offerings and/or qualified institutional placement and/or on preferential allotment basis or any combination thereof under the applicable provisions of SEBI (Disclosure and Investor Protection) Guidelines, 2000 upto an amount not exceeding Rs.1000 crores in one or more tranches and to seek the approval of the members for the issue of securities as aforesaid; 2. the Board authorised convening of Extra Ordinary General Meeting of the members for approval of the resolutions for issuance of securities as contemplated hereinabove; 3. the Board also mandated to the management to consider possibility of merger of Home Solutions Retail (India) Limited, its subsidiary, with a view to have better synergy and efficiency in the retail business"....
BSE Announcements on Pantaloon Ret
Posted by : MMB Messenger
Pantaloon Retail India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 08, 2009, inter alia, has taken the following decisions:
1. The Board authorised raising of additional long term funds through further issuance of equity based securities to various investors by various means including public / private offerings and / or qualified institutional placement and / or on preferential allotment basis or any combination thereof under the applicable provisions of SEBI (Disclosure and Investor Protection) Guidelines, 2000 upto an amount not exceeding Rs 1000 crores in one or more tranches and to seek the approval of the members for the issue of securities as aforesaid.
2. The Board authorised convening of Extra Ordinary General Meeting of the members for approval of the resolutions for issuance of securities as contemplated hereinabove.
3. The Board also mandated to the management to consider possibility of merger of Home Solutions Retail (India) Ltd, its subsidiary, with a view to have better synergy and efficiency in the retail business. ...
buy
Posted by : arif habibthis company shows resistance 300-325 rangein this week in uptrend volatile market. 10 to 15 rupees of market price volatile daily. this seems that target may be 350 in this week and 400+ in next month. i think it be good buy at every dip for target mentioned. keep own decission ...
Pantaloon rocks ...............324
Posted by : flashstock05just check this out at our moneycontrol boarder page ; buy n hold pantaloon retail over 207 closin sl 203 for an anticipated target up to 217-224 .......check its high up to now and mint .................flashstock05...
Buy n Hold Pantaloon retail
Posted by : flashstock05over 207 closin sl 203 for an anticipated target up to 217-224 .......regards flashstock05...
NSE Announcements on Pantaloon Ret
Posted by : MMB MessengerPantaloon Retail (India) Ltd. has informed the Exchange that a meeting of the Committee of Directors was held on May 22, 2009 and the Committee inter-alia: 1) allotted 1,51,00,000 equity shares of Rs. 2/- each at a premium of Rs. 181/- per share aggregating to Rs.276.33 crores to the following allottees being Promoter / forming part of the Promoter group and Private Investors not forming part of Promoter Group on a preferential basis in accordance with Chapter XIII of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.(1).Name of allottee-PFH Entertainment Limited ;No. of equity shares - 1,10,00,000 (2).Name of allottee- Dharmayug Investments Ltd; No. of equity shares - 41,00,000; Total 1,51,00,000. (2) allotted 50,00,000 warrants of Rs. 2/- each at a premium of Rs. 181/- per share aggregating to RS.91.50 crores on receipt of the initial amount of Rs. 22.875 crores (being 25% of the price fixed for the share arising out of such warrants) to PFH Entertainment Limited, Promoter / forming part of the Promoter group on a preferential basis with an option attached to the warrant holder to acquire, for every warrant, one fully paid up equity share within 18 months from the date of allotment of the warrants in accordance with Securities and Exchange Board of India (Disclosure & Investor Protection) Guidelines,2000 as amended from time to time....
NSE Announcements on Pantaloon Ret
Posted by : MMB MessengerPantaloon Retail (India) Ltd. has informed the Exchange that pursuant to section 192A of the Companies Act, 1956 read with Rule 2A of the Companies (passing of the resolution by postal ballot) Rules, 2001, the approval of shareholders was sought by postal ballot for the following resolutions : 1) Sale/ Transfer of Fashion Division of the Company including the entire investment in Home Solutions (Retail) India limited ("HSRIL") to its wholly owned subsidiary, Future Value Retail Limited to be renamed as Future Merchandising Limited; 2) Sale/ Transfer of Retail Division of the Company to its subsidiary, Future Specially Retail Limited to be renamed Future Consumer Enterprises Limited, in which the Company has 100% interest and 3) Change of name of the Company to "Future Markets & Consumer Group Limited" or such other name as may be approved by Registrar of Companies, Maharashtra; Mr. Virendra Bhatt, Practising Company Secretary was appointed as the Scrutinizer for conducting postal ballot process in a fair and transparent manner. The last date for receipt of the postal ballot forms duly completed by the shareholders was May 22, 2009. The scrutinizer appointed by the Board has submitted his report on the postal ballot and the results were announced on May 25, 2009. Further the resolutions have been passed by the requisite majority. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
