Pantaloon approves Rs. 15 billion convertible instruments at meeting

By Devika Patel

Knoxville, Tenn., Oct. 3 - Pantaloon Retail India Ltd. informed the Bombay Stock Exchange at a board of directors meeting on Oct. 3 that it approved a proposal to issue Rs. 15 billion of convertible instruments.

Mumbai, India-based Pantaloon owns and operates retail stores including department stores, malls, supermarkets and clothing stores.

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