Future Enterprises defaults on Rs 19.16 cr loan repayment to PNB, others
The due date for payment of Rs 19.16 crore was March 28, FEL said in a regulatory filing.
Source: businesstoday.in
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The due date for payment of Rs 19.16 crore was March 28, FEL said in a regulatory filing.
On March 25, the Future Group firm had informed about defaulting on repayment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring plan, , retail, enterprise, loan, pnb bank, canara bank, futurebazaar
Generali will also have the option to buy out the company’s remaining interest in FGIICL, subject to applicable regulatory approvals, the company said.