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RIL deal: Amazon urges NCLT not to allow Future Group shareholders meet

Future Retail-Reliance deal gets SEBI approval, Amazon says it will continue to fight legally

Future Retail-Reliance deal gets SEBI approval, Amazon says it will continue to fight legally PTIJan 21, 2021, 08:17 IST BI India/BCCL Future Group s scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its no adverse observation report to the Rs 24,713-crore deal. Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court. The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August.

SEBI Nod, BSE No-Adverse-Observation Status Paves Way For Reliance-Future Deal

SEBI Nod, BSE No-Adverse-Observation Status Paves Way For Reliance-Future Deal Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no-objection certification. Twitter Outlook Web Bureau 2021-01-21T11:25:12+05:30 SEBI Nod, BSE No-Adverse-Observation Status Paves Way For Reliance-Future Deal outlookindia.com 2021-01-21T11:32:27+05:30 Future Group s scheme of arrangement and sale of assets to Reliance was given a go-ahead by market regulator SEBI on Wednesday, based on which the Bombay Stock Exchange also granted its no adverse observation report to the Rs 24,713-crore deal. The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August.

SEBI approves Reliance-Future deal, BSE grants no-adverse-observation status

SEBI approves Reliance-Future deal, BSE grants no-adverse-observation status The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August PTI | January 21, 2021 | Updated 07:55 IST Market regulator SEBI gave a go-ahead on Wednesday to Future Group s scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its no adverse observation report to the Rs 24,713-crore deal. Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court.

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