Pantaloon raises Rs 500 crore
Pantaloon Retail, the country's largest listed retailer,raised Rs 500 crore by selling 15.8 million equity shares to investors at Rs 316 apiece, the company said in a statement to exchanges today.
Future Group-owned clothing retailer Pantaloon has posted financial results for its first quarter ended September 2011.The company's consolidated net sales were INR3,180.26 crore compared with INR2,750.76 crore in the comparable period last year, an increase of 15.61%.