Outcome of board meeting of Future Consumer

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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.

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

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