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Our Bureau

Mumbai, Nov. 8

Pantaloon Industries Ltd proposes to de-list the company from BSE.The company is holding an extra ordinary general meeting on November 28, to seek shareholders approval for de-listing its shares, a notice to the stock exchange said.

This decision is subsequent to Manz Retail Pvt Ltd and PFH Entertainment Ltd (part of the promoter group) deciding to acquire public shareholding in Pantaloon. Engaged in textiles and weaving business, the company has floated 23,82,800 fully paid-up equity shares of Rs 10 each, aggregating to about 40 per cent of the total paid-up capital. Shares of Pantaloon were traded at Rs 379.80, up Rs 6.80 or 1.82 per cent, on the BSE on Wednesday.

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