Future Lifestyle board to consider raising funds, new meeting date

By Tali Rackner

Norfolk, Va., April 29 - Future Lifestyle Fashions Ltd. informed the Bombay Stock Exchange that its board of directors will meet on May 3 to discuss the issue of equity shares, debentures, convertible securities and/or warrants convertible into equity shares of the company to one or more persons on a preferential basis under applicable SEBI regulations.

The board will also consider changing the date, time and venue of the extra ordinary general meeting for obtaining member approval for the preferential issue.

Future Lifestyle is a Mumbai, India-based fashion company.

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