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BSE: 523574NSE: FELISIN: INE623B01027

9th-Apr-2013 20:57Source: NSE

Pantaloon Retail (India) Limited

Pantaloon Retail (India) Limited has informed the Exchange that the Scheme of Arrangement between Pantaloon Retail (India) Limited (PRIL or Demerged Company) and Peter England Fashions and Retail Limited (PEFRL or Resulting Company) and their respective shareholders and creditors and Indigold Trade and Services Limited, as a shareholder of Resulting Company has been made effective by filing the certified copy of the Order of the Hon'ble High Court of Judicature at Bombay on April 08, 2013. Further, the Company has fixed April 18, 2013 as the Record Date for the purpose of determining the entitlement for issue of Equity Shares of Peter England Fashions and Retail Limited ("PEFRL") to the holders of Equity Shares, Class B (Series 1) Shares pursuant to the above Scheme approved by the Hon'ble High Court of Judicature of Bombay. All the eligible shareholders of the Company as on the record date as aforesaid will receive the Equity Share of PEFRL in the following manner: (1) "1 (One) fully paid Equity Share of Rs.10 (Rupees Ten Only) each of PEFRL shall be issue and allotted for every 5 (Five) Equity Shares of Rs.2 (Rupees Two) each held in the Company; (2) 1 (One) fully paid Equity Share of Rs.10 (Rupees Ten Only) each of PEFRL shall be issued and allotted for every 5 (Five) Class B (Series 1) shares of Rs.2 (Rupees Two) each held in the Company.

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