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Business

Future Lifestyle Fashions transfers Lee Cooper business to arm

Future Lifestyle Fashions has transferred its Lee Cooper business to a wholly-owned arm Future Specialty Retail (FSRL) by way of a slump exchange on a going concern basis. FSRL shall inter-alia carry on the Lee Cooper business. FSRL has issued and allotted 400 compulsory convertible preference shares of face value of Rs 910 each and 150...

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