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Board of Future Retail approves demerger of its home retail business

Capital Market 

At meeting held on 20 April 2017

Future Retail announced that the Board of Directors of the Company at its meeting held on 20 April 2017 has approved segregation of the home retail business of the Company operated through HomeTown stores into Praxis Home Retail by way of a demerger.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 20 2017. 13:44 IST