Future Consumer to divest stake in Amar Chitra Katha worth Rs 13.62 cr
Upon completion of sale of shares, Amar Chitra Katha shall cease to be a subsidiary of Future Consumer.
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Upon completion of sale of shares, Amar Chitra Katha shall cease to be a subsidiary of Future Consumer.
There is an exodus of people from the board and at other levels in several Future group companies after Rs 24,713 crore deal was called off by Reliance Retail
However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before NCLT.
Debt-ridden Future Group is now focusing on saving and rebuilding firms such as - Future Lifestyle Fashions, Future Supply Chain Solutions
Future Group to focus on saving, rebuilding Future Lifestyle, others