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Future Lifestyle Fashions Ltd - Announcement under Regulation 30 (LODR)-Preferential Issue

| Updated on July 26, 2019 Published on July 26, 2019

This is to inform you that the Board of Directors at its Meeting held today, has inter alia approved the following:

Issue of 64,79,481 (Sixty Four Lakh Seventy Nine Thousand Four Hundred and Eighty one) Equity Shares of face value Rs. 2/- each of the Company at a issue price of Rs. 463.00 per Equity Share (including premium of Rs.461.00 per Equity Share) aggregating to Rs. 299,99,99,703/- on preferential basis to Apollo India Private Equity IV (Mauritius) Limited (a Registered Foreign Portfolio Investor), in accordance with the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations), as amended and subject to execution of requisite documentation and the approval of the Shareholders of the Company.

An Extraordinary General Meeting of the Company will be held on Monday, 26 August 2019 at Mumbai for obtaining Shareholders approval for the proposed preferential issue of Equity Shares.

Pdf Link: Future Lifestyle Fashions Ltd - Announcement under Regulation 30 (LODR)-Preferential Issue

Source : BSE - www.bseindia.com

Published on July 26, 2019
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