Future Retail has fixed May 12 (Thursday) as record date to identify eligible shareholders for receiving the shares of Bharti Retail.
According to the scheme of arrangement, one fully paid-up equity share of ₹2 each of BRL would be allotted for every one fully paid-up share held in the company.
Each DVR share will also receive one fully paid share of BRL. For investors who wish to receive these shares, Tuesday is the cut-off date.