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Only 6 companies bids for Future Retail, big ones such as Reliance and Adani opt-out

Adani Group - 48 companies in race for Future Retail

Reliance, Adani in final list of 48 bidders for Future Retail

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of Eligible Prospective Resolution Applicants . On April 10, FRL s RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company s lenders decided to invite fresh bids after dividing its assets into clusters.

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