New Delhi: Four listed firms led by Kishore Biyani Future Group The Board on Tuesday expressed its inability to convene a meeting of the Board before May 30 to approve the financial results for the March quarter and FY22 due to vacancies in their respective boards.
The companies are- Future Retail, Future Lifestyle Fashion, Future Supply Chain Solutions and Future Enterprises. In the past two months, the debt-ridden Future Group’s flagship firm Future Retail has seen several top-level exits following a deal worth Rs 24,713 crore. Reliance Retail was called off.
Earlier this month, FRLChief Financial Officer CP Toshniwal and Company Secretary Virendra Samani Resigned from the company. Its MD Rakesh Biyani also resigned this month.
The companies are- Future Retail, Future Lifestyle Fashion, Future Supply Chain Solutions and Future Enterprises. In the past two months, the debt-ridden Future Group’s flagship firm Future Retail has seen several top-level exits following a deal worth Rs 24,713 crore. Reliance Retail was called off.
Earlier this month, FRLChief Financial Officer CP Toshniwal and Company Secretary Virendra Samani Resigned from the company. Its MD Rakesh Biyani also resigned this month.