 "FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad. Photo: Reuters")
Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries, has for the second time extended the timeline for completing its Rs 24,713-crore deal with the Future group, to March 31, 2022, as it awaits regulatory and judicial clearances.
In a regulatory filing on Friday, Future Retail said RRVL had “extended the timeline for a long-stop date from September 30, 2021 to March 31, 2022, which has been duly acknowledged by Reliance Retail and Fashion Lifestyle Ltd, a wholly-owned subsidiary of RRVL”. Earlier, RRVL had extended the timeline for a long-stop date from March 31, 2021 to September 30, 2021, said
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