Pg. 7 : Segment performance: Madura Fashion and Lifestyle - MFL is expanding its presence in the retail channel by opening new stores and exits the year with 2,161 exclusive brand outlets (EBOs) and 245 value stores.

Pg. 7 Segment performance: Pantaloons - During the year, it added 40 stores taking the total number of stores to 308

spanning 4 Million square feet.

Total Stores = (2161+245)+308

= 2714 Stores

Under Statutory Reports, pg. 9

“Your Company runs a wide and extensive distribution network of 2,714 stores and 23,000+ points of sale; making it one of the largest distribution networks of any apparel business in the country.”