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NEW DELHI: 4 listed corporations of the Kishore Biyani-led Future Group on Tuesday expressed their lack of ability to convene a board assembly earlier than Might 30 to approve their monetary outcomes for the March quarter and FY22 on account of vacant positions on their respective boards.
The businesses are — Future Retail, Future Way of life Style, Future Provide Chain Options and Future Enterprises. Within the final two months, Future Retail, the flagship agency of the debt-ridden Future Group, witnessed a number of top-level exits after its Rs 24,713-crore take care of Reliance Retail was known as off.
Earlier this month, FRL’s chief monetary officer C P Toshniwal and firm secretary Virendra Samani had resigned from the corporate. Its MD Rakesh Biyani had additionally stepped down this month.
The businesses are — Future Retail, Future Way of life Style, Future Provide Chain Options and Future Enterprises. Within the final two months, Future Retail, the flagship agency of the debt-ridden Future Group, witnessed a number of top-level exits after its Rs 24,713-crore take care of Reliance Retail was known as off.
Earlier this month, FRL’s chief monetary officer C P Toshniwal and firm secretary Virendra Samani had resigned from the corporate. Its MD Rakesh Biyani had additionally stepped down this month.
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