SEBI ban on Kishore Biyani, others won't sway Reliance deal, says Future Retail
Future Retail Ltd (FRL), in a late-night regulatory filing on Wednesday, February 3, said the order "will have no impact on the ongoing Scheme of Arrangement of the company"
BusinessToday.In | February 4, 2021 | Updated 16:37 IST
Future Group CEO Kishore Biyani and other promoters as well as Future Corporate Resources Pvt Ltd (GCRPL) are planning to file an appeal against the SEBI's order on Wednesday, February 3
Future Retail Ltd has said the one-year ban imposed by SEBI on the company's Chairperson Kishore Biyani and other promoters from the securities market will have "no impact" on its deal with Reliance Retail Ventures Ltd (RRVL), a unit of Reliance Industries.