Valuemart Retail Solutions Limited announced unaudited earnings results for the three months and year to date ended December 31, 2012. For the three months, the company reported net sales/income from operations (net) of INR 0.011 million, loss from ordinary activities before tax of INR 0.115 million, net loss for the period of INR 0.115 million or INR 0.1 per basic & diluted share against net sales/income from operations of INR 0.04 million, loss from ordinary activities before tax of INR 0.592 million, net loss for the period of INR 0.592 million or INR 0.49 per basic & diluted share for the same period last year. Loss from operations before other income, finance costs and exceptional items of INR 0.122 million compared to INR 0.982 million a year ago. For the year to date, the company reported net sales/income from operations (net) of INR 0.054 million, loss from ordinary activities before tax of INR 1.35 million, net loss for the period of INR 1.35 million or INR 1.12 per basic & diluted share against net sales/income from operations of INR 0.119 million, loss from ordinary activities before tax of INR 1.36 million, net loss for the period of INR 1.36 million or INR 1.13 per basic & diluted share for the same period last year. Loss from operations before other income, finance costs and exceptional items of INR 1.35 million compared to INR 2.40 million a year ago.

Valuemart Retail Solutions Limited, Board Meeting, Feb 13, 2013. Agenda: To consider quarterly audited results; and to consider approve the allotment of 16,00,000 Equity Shares of INR 10 each at a Premium of INR 38 per share amounting to INR 7,68,00,000/- to Non-Promoters and Strategic Investors for cash on a preferential basis.

Valuemart Retail Solutions Limited, Board Meeting, Feb 08, 2013. Agenda: To consider the allotment of 5,000,000 equity shares of INR 10 each at a premium of INR 38 per share to non-promoters and strategic investors for cash on a preferential basis.