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Pantaloon Retail announces preferential allotment worth Rs 800 cr
SME News, Friday, Jun 15, 2012 18:10:21 PM IST
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- Pantaloon Retail
- Peter England
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NEW DELHI: Pantaloon Retail announced that it made a preferential allotment worth Rs 800 crore to Peter England Fashions and Retail. The allotment are in the form of 800 optionally fully convertible debentures worth Rs 1 crore each.
Pantaloon Retail has stated that Peter England was just an investor but not a forming part of the promoter group.
Peter England Fashions and Retail is part of an Aditya Birla group company.
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