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Bigul

EGM On 03Rd November, 2017

 Please take note that the Extraordinary General Meeting ('EGM') of the Members of the Company is scheduled to be held on Friday, 03rd November, 2017, at 10:30 am at Rangaswar, Fourth Floor, Y. B. Chavan Centre, Gen. Jagannath Bhosale Marg, Mumbai - 400 021 to consider and approve the Issue of Equity Shares on Preferential Allotment / Private Placement basis. In terms of the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)...
09-10-2017
Bigul

Updates on Acquisition

 Update on Acquisition of Hypercity Retail (India) Limited
09-10-2017
Bigul

Shareholding for the Period Ended September 30, 2017

 Future Retail Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2017. For more details, kindly Click here
07-10-2017
Bigul

50% growth in HyperCity possible: Rakesh Biyani

 Interview with Rakesh Biyani, joint managing director of Future Retail
07-10-2017
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Kishore Biyani snaps up Rahejas' loss-making Hypercity for Rs 655 crore

 The K Raheja Group on Thursday entered into an agreement with Kishore Biyani to sell their loss- making premium retail chain Hypercity Retail to Biyanis Future Retail for Rs 655 crore in a stock-and-cash deal.
06-10-2017
Bigul

Outcome of Board Meeting

 Outcome of proceeding of the Board Meeting held on 05th October, 2017.
05-10-2017
Bigul

Future Retail: Synergy gains in Hypercity acquisition

 The deal between Shoppers Stop and Future Retail is a win-win for both sides as it helps the former bring down its debt and focus on the departmental store format while enabling the Future group to expand its presence at a reasonable cost. Manish Jain of Nomura believes that there are a number of synergies between the two (Future Retail and Hypercity) given primary focus on food/grocery and fashion. About 40-65 per cent of merchandise for the two retailers falls in the grocery segment, while the proportion of fashion/apparel is in the 17-30 per cent range. Given the higher focus of both retailers on private labels in the foods business this should help boost margins of Future Retail going ahead and improve sourcing of products (Premium Harvest, Tasty Treat among others) from sister concern Future Consumer. Finally, with its asset-light strategy Future Retail would be able to expand the footprint of HyperCity which the current management has been unable to do, says Jain of Nomura.An...
05-10-2017

The reorganization of Future Group

 While there is plenty of movement within Future Group, there is little clarity on what Kishore Biyani's mainstay retail business, Future Retail, will look like
03-10-2017
Bigul

Intimation Of Board Meeting Under Regulation 29(1)(D) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

 Pursuant to Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that a meeting of the Board of Directors of the Company will be held on Thursday, 05th October, 2017 to inter alia, consider, discuss and approve issue of equity shares and/or convertible securities convertible into equity shares of the Company to one or more persons by way of a preferential issue, subject to the approval of the Members of the Company.
02-10-2017
Bigul

Proceedings Of The Meeting Of Equity Shareholders Of The Company Held On 26Th September, 2017 As Per The Directions Of National Company Law Tribunal, Mumbai Bench

 Disclosure pursuant to Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
26-09-2017
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