Morgan Stanley Asia (Singapore) has bought 26.68 lakh shares of Pantaloons Fashion & Retail through open market route. The shares were purchased on an average price of Rs 12.18 valuing the transaction to Rs 32.07 crore. In a separate transaction, Macquarie Bank has sold 16.12 lakh shares of the company for about Rs 19.17 crore.
Pantaloons is India's fastest growing premium lifestyle apparel company. With innovative designs, concepts and products, the company brings the latest trends in fashion and clothing styles to the apparel market.