Record Date for Scheme of Arrangement - Demerger
Future Retail Ltd has informed BSE that the Company has fixed May 12, 2016 as the Record Date for the purpose of determining the entitlement for issue of Equity Shares of Bharti Retail Limited (BRL) to the holders of Equity Shares and Class B (Series 1) SharesAll the eligible shareholders of the Company as on the Record Date as aforesaid will receive the Equity Shares of BRL in the following manner:... Kishore Biyani appointed as the Managing Director of Bharti Retail Limited
Future Retail Ltd has submitted to BSE a copy of joint press release which is being issued by Bharti Retail Limited and Future Retail Limited with respect to changes in KMP.1. Mr. Kishore Biyani, resigned from the post of Managing Director with effect from closing business hours of May 01, 2016. He will continue to hold office as Non-Executive Director of the Company; and... Kishore Biyani steps down as Managing Director of Future Retail
Kishore Biyani steps down as Managing Director of Future RetailBesides, Rakesh Biyani has also resigned from the post of Joint Managing Director as well as Director of the company as part of a restructuring. Updates on Composite Scheme of Arrangement & Change in Key Managerial Personnel (KMPs)
With reference to the letter dated March 04, 2016 about approval of the Composite Scheme of Arrangement between Future Retail Limited (the Company) and Bharti Retail Limited (BRL) and their respective shareholders and creditors, by the Honble High Court of Judicature at Bombay. Future Retail Ltd has now informed BSE that the Composite Scheme has been made effective by filing the certified copy of the Order of the Hon'ble High Court of Judicature... Shareholding for the Period Ended March 31, 2016
Future Retail Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2016. For more details, kindly Click here Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016
Future Retail Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Updates
With reference to the earlier letter dated April 18, 2016, Future Retail Ltd has now informed BSE that as there was a typographical error in the said letter, the following change in the second para of the said letter.The word 'FGI Non-Life' to be replaced as 'FGI Life'.Further the Company has informed that, there is no change in the disclosure; there is no other change other than the above in the letter dated April 18, 2016. Updates
Future Retail Ltd has informed BSE that the Company has entered into an amendment agreement on April 15, 2016 to modify certain terms and conditions in Joint Venture Agreement executed for the Future Generali India Insurance Company Limited ('FGI Non-Life') to give effect to 'Guidelines on Indian owned and controlled' dated October 19, 2015 issued by Insurance Regulatory Development Authority ("IRDA').... Updates
Future Retail Ltd has informed BSE that the Company has entered into an amendment agreement on April 15, 2016 to modify certain terms and conditions in Joint Venture Agreement executed for the Future Generali India Life Insurance Company Limited ('FGI Life') to give effect to 'Guidelines on Indian owned and controlled" dated October 19, 2015 issued by Insurance Regulatory Development Authority ("IRDA')....
SSG Capital to buy 40% in Future Supply Chain for Rs580 crore
Deal to include 14% stake to be acquired from Future Retail and the management team collectively, and 26% from another minority shareholder SKC 1 Ltd