×
109
Fashion Jobs
LIMEAPPLE APPAREL
Ecommerce Expert With Digital Marketing Skills
Permanent · CHENNAI
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Data Engineer – ed&a, Icc, India
Permanent · Bengaluru
PUMA
Assistant Business Manager – Puma.Com
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
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 © 2021 FashionNetwork.com All rights reserved.