Koutons Retail India has plunged 13% to Rs 10.55, its all-time low, after the National Stock Exchange said that the equity shares of the company will be suspended from trading w.e.f.

Shares of retail companies rallied on the bourses today after the government notified 100% Foreign Direct Investment (FDI) in single-brand retail.

Koutons Retail India has rallied 5% to Rs 22.75 on reports the company has secured its bankers' approval for a corporate debt restructuring package.

Koutons Retail (India) has surged 6% at Rs 20.65 in otherwise weak market after the company said its board will meet on August 26, to consider issue of shares to its promoters on the preferential basis.

The exodus of top executives from debt-ridden apparel retailer Koutons Retail is continuing unabated with Balvinder Singh Ahluwalia, who was the company's President, becoming the latest to join the exit list.

Kouton Retail has soared more than 9% at Rs 36 on reports that the proposal to recast its debt had been admitted by the corporate debt restructuring (CDR) cell.

Apparel maker and retailer Koutons Retail’s proposal to recast its debt had been admitted by the corporate debt restructuring (CDR) cell, said banking officials in the know.

Koutons Retail India has hit the upper circuit filter limit of 5% at Rs 31.40 on reports that the company has appointed SBI Capital Markets to draft a debt recast scheme as it was unable to repay short-term debt.

Apparel retailer Koutons Retail India on Wednesday said it has appointed SBI Capital Markets to draft a debt recast scheme as it was unable to repay short-term debt.

According to a release issued by the company to the stock exchanges, the reported a net loss of Rs 317.10 crore for the third quarter ended December 2010 as against a net profit of Rs 15.80 crore in the corresponding quarter a year ago..

Debt-ridden apparel retail chain, Koutons Retail today said it is in talks with private equity players and lenders to raise money to overcome cash crunch due to declining sales.

Koutons Retail India is considering selling up to 15 per cent stake to raise cash to pay out debt and revive its operations, a financial daily reported on Thursday.

Koutons Retail has slipped to a new low, down 5% at Rs 138, on rising debt worries.

Koutons Retail, the Delhi-based apparel retail chain, plans to launch a premium brand soon as part of a plan to improve cash flows, a top company official said.

Apparel and fashion wear chain Koutons India Retail today posted a 12.3 per cent dip in its net profit for the quarter ended March 31, 2010, to Rs 31.43 crore as against the same period a year ago.

Apparel chain Koutons Retail India today said its net profit rose by 18.63 per cent to Rs 15.79 crore in the third quarter ended December 31, 2009 over the same period last fiscal.