Future Retails slips 5% for 8th straight trading day; stock hits new low

CARE Ratings has moved ratings of the company's instruments and facilities to "issuer not cooperating" category.
05-05-2022

Future Retail MD Rakesh Biyani steps down, Company Secretary resigns

The Future Group flagship firm is facing an insolvency petition by its lenders before the National Company Law Tribunal
05-05-2022
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Rakesh Biyani steps down as MD of Future Retail

Company Secretary Virendra Samani and Independent Director Gagan Singh too have resigned from the company
03-05-2022
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Future Retail Ltd - 540064 - Announcement under Regulation 30 (LODR)-Change in Directorate

Intimation of cessation from office of Managing Director of the Company
02-05-2022
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Future Retail Ltd - 540064 - Announcement under Regulation 30 (LODR)-Change in Directorate

Cessation of Independent Director on completion of Term
30-04-2022
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Future Retail Ltd - 540064 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayFuture Retail Ltd 2CINL51909MH2007PLC268269 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 4876.88 4Highest Credit Rating during the previous FY CARE-B 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Virendra Samani Designation: Company Secretary EmailId: investorrelations@futuregroup.in Name of the Chief Financial Officer: C P Toshniwal Designation: Chief Financial Officer EmailId: investorrelations@futuregroup.in Date: 29/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
29-04-2022

NCLT adjourns the insolvency plea against Future Retail to May 12

Earlier this month, BoI had filed insolvency proceedings against Future Retail for non-payment of dues
28-04-2022
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Future Retail Ltd - 540064 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 28, 2022 for Future Corporate Resources Pvt Ltd
28-04-2022
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