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Pantaloon Retail (India) Limited (PRIL) was incorporated on October 12, 1987 as Manz Wear Private Limited under the stewardship of Mr. Kishore Biyani. The Company was converted into a public limited company on September 20, 1991 and on September 25, 1992 the name was changed to Pantaloon Fashions (India) Limited and the same time it went public and today it has approximately 14,000 shareholders. It later changed its name to Pantaloon Retail (India) Limited on 7th July 1999.
From a humble beginning in 1987, Pantaloon as today evolved as a leading manufacturer-retailer in the country with 16 Pantaloon stores and 21 hypermarkets(Big Bazaar), 33 Food Bazaars, 3 central, 2 Fashion Station, 2 aLL and 1 MeLa store operational across the country. It has been a remarkable journey for PRIL as its evolved from a manufacturing to a completely integrated player controlling the entire value chain.
Pantaloon has been a pioneer in introducing the concept of mega retail stores in India called 'Pantaloons' for the entire family. In an extremely price-sensitive market like India, the Pantaloons chain of stores, has been successful in maintaining the equilibrium between quality and price.
Pantaloon Retail (India) Limited was operating out of its 3000 square feet development centre near SEEPZ in Mumbai, PRTL was set up in November, 1999 to provide Retail Application Software to the Retailing Industry. The Company is working towards developing state-of-the-art retail solution products and leverage its position in the industry. Pantaloons Industries Limited (PIL): The company manufactures and markets blended yarn fabrics for suiting and trousers under the brand name "Pantaloons Expression". The company supplies fabrics to Pantaloon Retail and other ready-made garment manufacturers and assists in creating and producing innovative blends and designs.
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