Pantaloon Retail (India) Ltd has announced the following Audited results for the year ended June 30, 2010: The Company has posted a net profit of Rs 1795.60 million for the year ended June 30, 2010 where as the same was at Rs 1405.80 million for the year ended June 30, 2009. Total Income is Rs 60190.00 million for the year ended June 30, 2010 where as the same was at Rs 63477.60 million for the year ended June 30, 2009. The Consolidated Results are as follows : The Audited consolidated results for the Year ended June 30, 2010 The Group has posted a net profit after minority interest of Rs 674.90 million for the year ended June 30, 2010 where as the same was at Rs 100.70 million for the year ended June 30, 2009. Total Income is Rs 99130.00 million for the year ended June 30, 2010 where as the same was at Rs 77648.00 million for the year ended June 30, 2009. - Scheme of Arrangement A second scheme of arrangement (the FMML Scheme) between the Company and its wholly owned subsidiary Future Mall Management Ltd (FMML) and its wholly owned subsidiary Future Merchandising Ltd (FML) and their respective shareholders and creditors which envisages the demerger of the Mall Management Undertaking' and Project Management Undertaking with FMML and demerger of Mall Asset Management Undertaking and Food Services Undertaking with FML has been approved by the Bombay High Court on August 24, 2010 with effect from Appointed Date April 01, 2010. Under the FMML Scheme the FMML would be issue equity shares to the shareholders of the Company as on the record date to be announced in the ratio of 1 equity share of FMML for every 20 shares held in the Company The certified copy of the Court order giving effect to the FMML Scheme has been filed with RoC on August 28, 2010. The FMML Scheme has accordingly been given effect and operations relating to the demerged undertakings do not form part of the Company s accounts In view of the above and transfer of the value retail business effected in January 2010, the figures for the year are not comparable with those of the previous year. (As Per BSE Announcement Website dated on 30.08.2010) Pantaloon Retail (India) Ltd has informed BSE that the Company fixed September 20, 2010 as the Record Date for the purpose of determining the entitlement for issue of Equity Shares of Future Mall Management Ltd. ('FMML') to the holders of Equity Shares, Class B (Series 1) Shares and 0.01% Compulsorily Convertible Preference Shares of the Company, pursuant to the Scheme of Arrangement between the Company and Future Mall Management Ltd. (FMML) and Future Merchandising Ltd. and their respective Shareholders and Creditors ('The Scheme') approved by the Hon'ble High Court of Judicature of Bombay. All the eligible shareholders of the Company as on the record date as aforesaid will receive the Equity Share of FMML in the following manner: - '1 (One) fully paid Equity Share of Rs. 10 (Rupees Ten Only) each of FMML shall be issued and allotted for every 20 (Twenty) Equity Shares of Rs. 2 (Rupees Two) each held in the Company. - 1 (One) fully paid Equity Share of Rs. 10 (Rupees Ten Only) each of FMML shall be issued and allotted for every 20 (Twenty) Class B (Series 1) shares of Rs. 2 (Rupees Two) each held in the Company. And - 1 (One) fully paid up Equity Share of Rs. 10 (Rupees Ten Only) each of FMML shall be issued and allotted for every 20 (Twenty) 0.01% Compulsory Convertible Preference Shares of Rs. 100 (Rupees One Hundred Only) each held in the Company.' Further the Company has informed that, fractional shares arising out of the above entitlement would be consolidated and dealt with as provided in scheme and proceeds would be distributed to all such shareholders who were originally entitled to such fractional shares. Further, above mentioned 0.01% Compulsorily Convertible Preference Shares are not listed as per the provisions of the above Scheme. (As Per BSE Announcement Dated on 08.09.2010) SUB. :- Scheme of Arrangement of Pantaloon Retail (India) Ltd. (Scrip Code 523574) Trading Members of the Exchange are hereby informed that, Pantaloon Retail (India) Ltd. (PRIL) has fixed the Record Date for the purpose of determining entitlement to the shareholders of the company pursuant to the Scheme of Arrangement of the company. COMPANY NAME CODE Pantaloon Retail (India) Ltd. (523574 & 623574) RECORD DATE 20/09/2010 PURPOSE Scheme of Arrangement: - Demerger of the Mall Management Undertaking & Project Management Undertaking of PRIL and its vesting in Future Mall Management Limited (FMML) & transfer and vesting of the Mall Asset Management Undertaking & Food Services Undertaking of PRIL into Future Merchandising Limited (FML) .FML is a subsidiary of FMML Upon coming into effect of the Scheme and in consideration for the transfer & vesting of the Mall Management Undertaking & Project Management Undertaking of PRIL into FMML & transfer & vesting of the Mall Asset Management Undertaking & Food Services Undertaking of PRIL into FML, FMML shall issue and allot shares in the following manner: 1 (ONE) fully paid equity share of Rs.10/- (Rupees Ten only) each of FMML for every 20 (TWENTY) Equity Shares of Rs. 2/- (Rupees Two) each held in PRIL. EX-ENTITLEMENT DATE & SETT. NO. 17/09/2010 DR-121/2010- 2011 Trading Members of the Exchange are requested to take note of it. (As Per BSE Notice Dated on 09.09.2010)