Business Standard

Future Retail holds shareholders' meeting to approve sale to Reliance

The meetings have been vehemently opposed by US-based e-commerce giant Amazon, which is contesting FRL's deal with RRVL

Future Retail
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Press Trust of India New Delhi
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd.

The meeting was chaired by Shailesh Haribhakti, FRL said in a regulatory filing. Haribhakti has been appointed by the NCLT to chair the meeting.

The result of the voting will be announced in due course, it added.

The meeting was held through video conferencing and "requisite quorum was present", the filing added.

"The NCLT convened Meeting of the Shareholders of FRL was held on Wednesday, April 20, 2022 at

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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