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Exchange Disseminated Time | With reference to the news item appearing in The Times of India dated May 05, 2015 titled "Biyani to sell stake in Lee Cooper", Future Lifestyle Fashions Ltd has Clarified to BSE as under:
"The Company has been disclosing all events, information etc. that have bearing on the operation/performance of the Company, pursuant to the final decisions taken by the Board of Directors of the Company from time to time.
The Company explores various proposals in the ordinary course of business, however nothing mentioned in the referred article has been so far considered or approved by the Board of Directors of the Company.
As per the practices followed by the Company, any such event/information, relating the Company, that may be deliberated and approved by the Board of Directors, shall follow the necessary disclosure and other requirements, under the Listing Agreement/applicable laws and will be communicated accordingly." |
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