Thursday, June 13, 2013

Future Retail

Notice No20130613-25Notice Date13 Jun 2013
CategoryCorporate ActionsSegmentEquity
SubjectScheme of Arrangement of Future Retail Ltd.
Content
SUB. :- Scheme of Arrangement of Future Retail Ltd.  (Scrip Code 523574)

Trading Members of the Exchange are hereby informed that, Future Retail Ltd. (FRL) has fixed the 
Record Date for the purpose of determining entitlement to the shareholders of the Company 
pursuant to the Scheme of Arrangement of the Company for Demerger of the company as 
provided in the Scheme approved by Hon’ble High Court of Judicature at Bombay.


COMPANY NAME
CODE
RECORD DATE
PURPOSE
EX-ENTITLEMENT FROM
DATE &
SETT. NO.
Future  Retail Ltd.
(523574, 423574 623574,570002,
670002)
24/06/2013

Scheme of Arrangement: -

Upon the Scheme coming into effect, in consideration of the transfer of the Demerged Undertaking (Fashion Business) by FRL to Future Lifestyle Fashions Limited (FLFL) in terms of this Scheme, FLFL shall issue and allot to each equity/ Differential Voting Rights (DVRs) shareholders of FRL in the following ratio:

  • 1 (One) fully paid Equity Share of Rs. 2 (Rupees Two Only) each of FLFL shall be issued and allotted for every 3 (Three) Equity Shares of Rs. 2 (Rupees Two) each held in the Company.

  • 1 (One) fully paid Equity Share of Rs. 2 (Rupees Two only) each of FLFL shall be issued and allotted for every 3 (Three) Class B (Series-1) Shares of Rs. 2 (Rupees Two) each held in the Company.
21/06/2013
DR-060/2013- 2014


Trading Members are requested to take note of it.

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