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Future Retail informs BSE, NSE about Delhi HC order, says Amazon s attempt to control the company violative of FEMA FDI rules ANI | Updated: Dec 23, 2020 22:18 IST
Mumbai (Maharashtra) [India], December 23 (ANI): Future Retail on Wednesday wrote a letter to BSE and NSE regarding Delhi High Court s recent judgement and apprised that Amazon s attempt to control the company is violative of FEMA FDI rules. It also informed stock exchanges that regulators are free to decide Future-Reliance deal as per the law.
The letter informed BSE and NSE that the company (Future Retail) has complied with the disclosure requirement under applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by submission of the copy of the court order.
Future Retail informs BSE, NSE about Delhi HC order
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