India Pantaloon taking over home business from unit

Newswire

MUMBAI, Feb 24 (Reuters) - Pantaloon Retail , India's largest listed retailer, said on Wednesday it was taking over the consumer durables and home furnishing and furniture business from its subsidiary. Pantaloon will issue about 6 million shares of 2 rupees each for the around 10 million shares in the unit, excluding those owned by the company. It will also give 6.35 million preference shares of 100 rupees each to the unit's shareholders, that can be converted into equity within 12 ...

Premium Content (PAID Subscription Required)

"India Pantaloon taking over home business from unit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×