Pantaloon Retail (India) Ltd. has informed the Exchange that "The Committee of Directors of Pantaloon Retail (India) Limited (the "Company") has at its meeting held on November 23, 2009 determined November 23, 2009 to be issue closing date and Rs.316.00 per equity share to be the issue price pursuant to the qualified institutions placement of the equity shares. The Committee has also approved the Placement Document in respect of the equity shares proposed to be issued as aforesaid. The Company proposes to issue 15,822,200 equity shares of face value of Rs.2 each to raise aggregate proceeds of Rs.499.98 Crores". Further a copy of extract of the minutes of the meeting of the Committee of Directors of the Company held on November 23, 2009 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
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