×
164
Fashion Jobs
HR CAPITAL CONSULTING
General Manager Operations- Garment Export
Permanent · National Capital Region
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
LEVI'S
Technical Product Manager
Permanent · Bengaluru
Published
Aug 28, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Future Lifestyle Fashions wins shareholders' approval to raise funds through equity shares

Published
Aug 28, 2019

Future Lifestyle Fashions’ shareholders have given the business the go-ahead to raise Rs 300 crore ($45 million) by issuing equity shares to Apollo India Private Equity IV Ltd on a preferential basis. 

Future Lifestyle Fashions has the go-ahead to raise capital through an equity share issue - Future Lifestyle Fashion


Future Lifestyle Fashions plans to raise Rs 300 crore through issuing equity shares, the Press Trust of India reported. The business held a general meeting on August 26 and gained 99.99% approval from its shareholders on the matter.

The business can now issue a total of 64.79 lakh equity shares at the face value of Rs 2 each at an issue price of Rs 463 per equity share to Apollo India. Future Lifestyle Fashions also gained approval to increase its investment limit at the meeting, according to a regulatory filing accessed by the Press Trust of India. Limits for giving loans and guarantees and providing security were also increased.

At the end of last month, the private equity firm Blackstone invested $250 million (Rs 1,663 crore) in Future Group’s Future Lifestyle Fashions. The business revealed that it will use the capital to help to fund Brand Factory’s capital expansion. Future Lifestyle Fashions houses international clothing brands including Lee Cooper, Converse, Umbro, Spunk, and John Miller among others. 

Copyright © 2022 FashionNetwork.com All rights reserved.