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Wednesday, Sep 28, 2005

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Pantaloon Retail okays hike in share capital

Our Bureau

MUMBAI: Pantaloon Retail (India) Ltd has informed the Bombay Stock Exchange that it has approved increasing the company's authorised share capital to Rs 35 crore (3.5 crore equity shares of Rs 10 each) from Rs 25 crore (2.5 crore equity shares of Rs 10 each) pursuant to Section 94(1)(a) of the Companies Act, 1956, and consequent amendment in the Memorandum & Article of Association of the Company.

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