Outcome of board meeting of Future Consumer

Image
Capital Market
Last Updated : Feb 09 2018 | 10:04 AM IST

Held on 08 February 2018

The Board of Future Consumer at its meeting held on 08 February 2018 has approved the following -

Transfer of 40% stake held in Bloom Foods and Beverages at fair market value.

Sale of investment held in Amar Chitra Katha for an equity valuation of not less than Rs 60 crore.

Disposal of non-functional / non-core investments by the company in two non-operating subsidiary companies viz. Star and Sitara Wellness and Express Retail Services at their book value.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 09 2018 | 9:48 AM IST

Next Story