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FUTURE RETAIL LTD. - Record Date for Scheme of Arrangement - Demerger
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03 May 2016
Future Retail Ltd has informed BSE that the Company has fixed May 12, 2016 as the Record Date for the purpose of determining the entitlement for issue of Equity Shares of Bharti Retail Limited (BRL) to the holders of Equity Shares and Class B (Series 1) Shares&lt;BR&gt;&lt;BR&gt;All the eligible shareholders of the Company as on the Record Date as aforesaid will receive the Equity Shares of BRL in the following manner:&lt;BR&gt;&lt;BR&gt;&quot; 1 (One) fully paid Equity Share of Rs. 2 (Rupees Two Only) each of BRL shall be issued and allotted for every 1 (One) Equity Share of Rs. 2 (Rupees Two) each held in the Company.&lt;BR&gt;&lt;BR&gt;&quot; 1 (One) fully paid Equity Share of Rs. 2 (Rupees Two Only) each of BRL shall be issued and allotted for every 1 (One) Class B (Series-1) Share of Rs. 2 (Rupees Two) each held in the Company.
View all announcements for FUTURE RETAIL LTD. Source: BSE India