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Lenders to Future Enterprises, Future Supply Chain Solutions approve debt restructuring
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Last Updated: Apr 20, 2021, 10:48 PM IST
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Synopsis
The boards of both the companies Future Enterprises and Future Supply Chain Solutions have approved the lenders plan to restructure the existing secured financial debt, the firms said in separate regulatory filings.
Agencies
Future Enterprises said its restructuring plan would be subject to approval from the Expert Committee formed by RBI under the chairmanship of K V Kamath.
Lenders to two more Future group firms
Future Supply Chain Solutions have approved a resolution plan to restructure the existing secured financial debt of the companies, as per regulatory filings. Last week, a consortium of 28 banks had approved a resolution plan for debt restructuring of the Kishore Biyani-led group s flagship firm Future Retail Ltd, under the resolution framework for COVID-19-related stress announced by the Reserve Bank of I
EPL Ltd, Future Lifestyle Fashions Ltd, Future Retail Ltd and Future Supply Chain Solutions Ltd are among the other losers in the BSE s A group today, 03 February 2021.
EPL Ltd, Future Lifestyle Fashions Ltd, Future Retail Ltd and Future Supply Chain Solutions Ltd are among the other losers in the BSE s A group today, 03 February 2021.
Asian Granito India Ltd lost 9.26% to Rs 270.95 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 10.98 lakh shares were traded on the counter so far as against the average daily volumes of 40123 shares in the past one month.
EPL Ltd tumbled 7.58% to Rs 220.05. The stock was the second biggest loser in A group.On the BSE, 81523 shares were traded on the counter so far as against the average daily volumes of 54749 shares in the past one month.