Updated Feb 04, 2021 | 17:25 IST
On Wednesday, SEBI had barred Kishore Biyani and certain other promoters of Future Retail Ltd from the securities market for one year for indulging in insider trading
SEBI ban on Kishore Biyani, others won't impact deal with Reliance: Future Retail  |  Photo Credit: IANS
New Delhi: Future Retail Ltd has said that SEBI's one-year ban on its Chairperson Kishore Biyani and some other promoters from the securities market will have "no impact" on the Rs 24,713 crore-deal with Reliance.
Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt Ltd (FCRPL) plan to appeal against the order passed by the Securities and Exchange Board of India (SEBI) on Wednesday.