Edition:
India

Future Lifestyle Fashions Ltd (FLFL.NS)

FLFL.NS on National Stock Exchange of India

83.80INR
11:02am IST
Change (% chg)

Rs4.35 (+5.48%)
Prev Close
Rs79.45
Open
Rs81.70
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Rs86.35
Day's Low
Rs81.05
Volume
342,971
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874,742
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Rs426.40
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Rs67.25

Latest Key Developments (Source: Significant Developments)

India's Future Retail, Future Lifestyle Fashions Say Business Adversely Affected
Sunday, 22 Mar 2020 

March 22 (Reuters) - :INDIA'S FUTURE RETAIL, FUTURE LIFESTYLE FASHIONS SAY BUSINESS ADVERSELY AFFECTED BY TEMPORARILY SHUTDOWN OF STORES, DE-GROWTH OF REVENUE, DROPS IN FOOTFALLS.  Full Article

India's Future Lifestyle Fashions Dec Qtr Consol Net Profit Falls
Wednesday, 12 Feb 2020 

Feb 12 (Reuters) - Future Lifestyle Fashions Ltd ::DEC QUARTER CONSOL NET PROFIT 592 MILLION RUPEES VERSUS 645.6 MILLION RUPEES YEAR AGO.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 17.42 BILLION RUPEES VERSUS 16.92 BILLION RUPEES YEAR AGO.  Full Article

Koovs Says Business And Assets Of Co Sold To SGIK 3 Investments
Tuesday, 10 Dec 2019 

Dec 10 (Reuters) - Koovs PLC ::APPOINTMENT OF ADMINISTRATORS, AGREED SALE TO SGIK 3 INVESTMENTS LIMITED.GEOFF ROWLEY AND JASON BAKER, PARTNERS AT SPECIALIST BUSINESS ADVISORY FIRM FRP ADVISORY, APPOINTED AS JOINT ADMINISTRATORS.COMPETITIVE SALE PROCESS CONDUCTED OVER PAST MONTH IN EFFORT TO CONTINUE BUSINESS AS A GOING CONCERN, BUT NO VIABLE OFFERS WERE RECEIVED.FOLLOWING ADMINISTRATOR APPOINTMENT, BUSINESS AND ASSETS OF CO SOLD TO SGIK 3 INVESTMENTS, A CORPORATE ENTITY WHOLLY OWNED BY WAHEED ALLII.THERE IS A LEGAL CLAIM AGAINST FUTURE LIFESTYLE FASHION LIMITED WHICH WILL BE LEFT WITH ADMINISTRATORS TO TRY AND RECOVER VALUE.  Full Article

Koovs Says Applied To Place Co Into Administration and Suspend Trading on AIM
Tuesday, 10 Dec 2019 

Dec 10 (Reuters) - Koovs PLC ::INTENTION TO APPOINT ADMINISTRATORS AND SUSPENSION.A FURTHER ANNOUNCEMENT WILL BE MADE IN DUE COURSE REGARDING APPOINTMENT OF ADMINISTRATOR.AS RESULT OF FAILURE BY LARGEST SHAREHOLDER, FUTURE LIFESTYLE FASHIONS, BOARD RESOLVED TO APPLY TO PLACE CO INTO ADMINISTRATION.EXPECTS BUSINESS, ASSETS OF CO TO BE PURCHASED FROM ADMINISTRATOR BY A CO CONNECTED TO CO'S LARGEST SECURED CREDITOR, WAHEED ALLI.SHARES IN COMPANY HAVE BEEN SUSPENDED FROM TRADING ON AIM EFFECTIVE FROM 11.30 A.M ON DEC 10.STRAND HANSON LIMITED HAS RESIGNED AS NOMINATED ADVISER TO COMPANY WITH IMMEDIATE EFFECT.COMPANY HAS NO CURRENT INTENTION OF APPOINTING A REPLACEMENT NOMINATED ADVISER.FUTURE LIFESTYLE FASHIONS FAILED TO FULFIL A CONTRACTUAL COMMITMENT TO INVEST A FURTHER £6.5 MILLION INTO COMPANY.  Full Article

Blackstone Invests $244 Mln In India's Future Lifestyle, Takes 6% Stake
Friday, 15 Nov 2019 

Nov 15 (Reuters) - Blackstone , Future Lifestyle Fashions Ltd ::BLACKSTONE INVESTS 17.5 BILLION RUPEES ($244 MILLION) IN INDIA'S FUTURE LIFESTYLE FASHIONS LTD, TAKES 6% STAKE.  Full Article

India's Future Lifestyle Fashions Sept-Qtr Net PAT Drops
Thursday, 14 Nov 2019 

Nov 14 (Reuters) - Future Lifestyle Fashions Ltd ::SEPT-QUARTER NET PAT 76.2 MILLION RUPEES VERSUS 255.4 MILLION RUPEES YEAR AGO.SEPT-QUARTER REVENUE FROM OPERATIONS 14.58 BILLION RUPEES VERSUS 12.22 BILLION RUPEES YEAR AGO.  Full Article

Future Lifestyle Fashions Ltd Says Vistra ITCL (India) Limited Ups Stake In Co
Friday, 18 Oct 2019 

Oct 18 (Reuters) - Future Lifestyle Fashions Ltd ::FUTURE LIFESTYLE FASHIONS LTD SAYS VISTRA ITCL (INDIA) LIMITED UPS STAKE IN FUTURE LIFESTYLE FASHIONS LIMITED TO 45.77% FROM 38.55%.  Full Article

India's Future Lifestyle Fashions March-Qtr Profit Rises
Wednesday, 1 May 2019 

May 1 (Reuters) - Future Lifestyle Fashions Ltd ::MARCH QUARTER NET PAT 364.4 MILLION RUPEES VERSUS PROFIT 259.4 MILLION RUPEES YEAR AGO.MARCH QUARTER REVENUE FROM OPERATIONS 12.71 BILLION RUPEES VERSUS 9.77 BILLION RUPEES YEAR AGO.RECOMMENDED DIVIDEND OF 1.40 RUPEES PER SHARE.  Full Article

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Breakingviews - Reliance ties golden bow onto its shopping deal

MUMBAI (Reuters Breakingviews) - Mukesh Ambani is wrapping up a deal to buy a brick-and-mortar shopping rival with a golden bow. A unit of his Reliance Industries conglomerate has agreed to buy the retail, wholesale and supply chain businesses from Kishore Biyani’s Future Group. It’s a fiddly but clever acquisition that girds for online battle with Amazon and Walmart-owned Flipkart.