Pantaloon Retail to consider allotment of equity shares on preferential basis

A meting of the Board of Directors of Pantaloon Retail India Ltd will be held on January 31, 2003 to consider allotment of 8,65,000 equity shares of Rs 10 each at a price of Rs 50 per share, as approved by the members of the company in the Fifteenth AGM of the company held on December 20, 2002,

to the promoters of the company and their associates on preferential basis.

BSE Code: 523574