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Future Lifestyle Fashions allots 4.79 lakh equity shares to Apollo India Private Equity IV (Mauritius)

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Future Lifestyle Fashions has allotted 4,79,481 Equity Shares of face value of Rs. 2/- each for cash at an issue price of Rs.463/- per Equity Share aggregating to Rs.299.99 crore to Apollo India Private Equity IV (Mauritius) (Registered Foreign Portfolio Investor under Category Ill) by way of preferential allotment.

Post such allotment, the Paid-up Equity Share Capital of the Company stands increased from Rs.38,96,05,926/- divided into 19,48,02,963 Equity Shares of Rs.2/- each to Rs.40,25,64,888/divided into 20, 12,82,444 Equity Shares of Rs.2/- each.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 09 2019. 18:50 IST