Page 16 - Future Retail News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lenders to Future Retail (FRL) are considering a takeover plan by Space Mantra, despite concerns about the low offer. The committee of creditors (CoC) has extended the voting deadline to September 7 to allow lenders more time for internal approvals. Some lenders prefer liquidation over selling the company cheaply. Space Mantra's offer of ₹553 crore is 2.79% of the outstanding dues. The company has promised to start repaying lenders 90 days after receiving approval from the National Company Law Tribunal (NCLT). Future Retail owes a total of ₹19,773 crore to financial creditors.

Reliance AGM 2023 is taking place today at 2:00 PM. Know What To Expect from Mukesh Ambani owned Reliance Industries Limited (RIL) Annual General Meeting and where to watch it

Reliance AGM 2023 Live Updates: The event will be held via video-conferencing and live-streamed on social media platforms, including YouTube.

RIL AGM time and date: The Reliance Industries Limited annual general meeting or AGM will be held on August 28, 2023, at 2pm.

Reliance AGM 2023: Indian stock market expect announcements on Reliance Retail IPO, Reliance Jio IPO, launch of 5G devices at reasonable price and more on Monday next week