Business Standard

Future Group shares hit record lows; Future Retail tanks 16% in two days

Future Group companies will convene meeting with their respective shareholders and creditors on April 20 and 21 to get their approval for the Rs 24,713-crore deal with Reliance Retail

Future Retail
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SI Reporter Mumbai
Shares of Kishore Biyani- led Future Group companies continued to be under pressure on Monday. Most of the Future Group listed companies traded at their all-time lows after they informed exchanges that the Group has called for a meeting with their respective shareholders and creditors meetings on April 20 and 21 over approval of Rs 24,713-crore deal with Reliance Retail.

Future Retail, Future Supply Chain and Future Lifestyle Fashions hit their respective all-time lows on the BSE in Monday's intra-day trade. In comparison, the S&P BSE Sensex was down 0.19 per cent at 57,756 points at 11:25 AM.

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First Published: Mar 21 2022 | 12:22 PM IST

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