Pantaloon to allot 4 lakh warrants on pref basis

Pantaloon Retail (India) Ltd on Thursday said that it would allot 4,08,165 shares as warrants on a preferential basis.

The warrants holders will have the option to acquire, for every warrant, one fully paid up equity share within 18 months from the date of allotment as per SEBI guidelines, the company informed the Bombay Stock Exchange.