Bigul

Future Lifestyle Fashions Ltd - 536507 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayFuture Lifestyle Fashions Ltd 2CINL52100MH2012PLC231654 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 670.64 4Highest Credit Rating during the previous FY CRISILAA- 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Sanjay Kumar Mutha Designation: Company Secretary EmailId: [email protected] Name of the Chief Financial Officer: Saurabh Bhudolia Designation: Chief Financial Officer EmailId: [email protected] Date: 29/06/2020 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
29-06-2020

Future Lifestyle Fashions share price down 2% as board mulls fund-raising plan

Future Group faces high promoter debt, sharp fall in share prices and cash flow woes, all of which have been exacerbated by the COVID-19 outbreak.
27-05-2020
Bigul

Future Lifestyle Fashions Ltd - 536507 - Announcement under Regulation 30 (LODR)-Credit Rating

The CARE Ratings Limited (Formerly known as Credit Analysis & Research Limited) vide its letters dated 12 May 2020, have revised downward the credit ratings assigned to the Company's credit facilities.
13-05-2020
Bigul

Future Lifestyle Fashions Ltd - 536507 - Compliance Certificate With Respect To Transfer Or Transmission Or Transposition Of Securities.

Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
04-05-2020
Bigul

Future Lifestyle Fashions Ltd - 536507 - Information Pursuant To Regulation 30(5) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that, the Key Managerial Personnel of the Company have been authorised for determining materiality of an event or information and for the purpose of making requisite disclosure(s) to the Stock Exchange(s).
02-05-2020
Bigul

Future Lifestyle Fashions Ltd - 536507 - Outcome Of Nomination And Remuneration Committee Meeting

This is to inform that the Nomination and Remuneration Committee of the Company in its meeting held today, has inter-alia approved the cancellation of 96,000 vested Stock Options granted under the FLFL ESOP - 2015.
30-04-2020
Bigul

Future Lifestyle Fashions Ltd - 536507 - Outcome Of Board Meeting

Pursuant to Regulation 30 of the SEBI (Listing obligations and Disclosure requirements) Regulations, 2015, we hereby inform that based on the recommendations of the Nomination and Remuneration Committee and Audit Committee, the Board of Directors of the Company in its meeting held today has inter-alia approved the following: 1.Mr. Vishnuprasad M (DIN: 07189877), Chief Executive Officer of the Company has been elevated and appointed as Managing Director of the Company for a period effective from 30 April 2020 till 19 December 2021, subject to the approval of the Shareholders at the General Meeting of the Company. 2.Mr. Kaleeswaran Arunachalam, has resigned as Chief Financial Officer of the Company with effect from the closure of the business hours on 30 April 2020. Consequently, he also ceased to be Key Managerial Person of the Company. 3.Mr. Saurabh Bhudolia has been appointed as Chief Financial Officer and Key Managerial Person of the Company with effect from 1 May 2020.
30-04-2020
Bigul

Future Lifestyle Fashions Ltd - 536507 - Announcement under Regulation 30 (LODR)-Credit Rating

This is further to our Letter dated 26 April 2020 regarding the revision in Credit Ratings and outlook by CRISIL Limited (CRISIL) to the Company's credit facilities. We also intimate hereunder the brief of the rationale / primary reasons for downward revision, as published by CRISIL: The Rating action reflects deterioration in the business risk profile of the company, delayed recovery of cash flow as a result of closure of all stores of the Company pursuant to lockdown order imposed by the Government due to COVID-19 Pandemic and discretionary nature of the apparel products as well as increasing competition. Kindly take the above information on your records.
29-04-2020
Bigul

Future Lifestyle Fashions Ltd - 536507 - Shareholding for the Period Ended March 31, 2020

Future Lifestyle Fashions Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2020. For more details, kindly Click here
28-04-2020
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