Pantaloon Founders Sell B Shares in Block Trades on Exchange

Pantaloon Retail India Ltd. (PF)’s founders sold the company’s B shares on the Bombay Stock Exchange today.

Kishore Biyani and family members sold about 2.54 million B shares on the Bombay Stock Exchange, data from the exchange’s website showed. The B shares carry reduced voting rights and entitle shareholders to an additional dividend of 5 percent. PFH Entertainment Ltd. bought 2.59 million shares, data showed.

To contact the reporter on this story: Pooja Thakur in Mumbai at

To contact the editor responsible for this story: Andreea Papuc at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.