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ACKPL
Future Enterprises to raise Rs 3,000 crore from insurance biz sale; aims to pare debt, avoid insolvencyOn March 31, FEL defaulted on repayment of Rs 2,911.51 crore of loans to the consortium of banks and lenders. Later it also missed a 30-day...- Future Group to sell 18.6 pc stake in Amar Chitra Katha for Rs 13.62 croreIt has entered into definitive agreements on Thursday to dispose of part of its investments held in ACKPL constituting to 18.58 per cent of...
- Amar Chitra Katha becomes Future group subsidiary post conversion of debentures into equity"Post allotment of the equity shares as aforesaid, the company holds 68.72 per cent of the paid equity share capital of ACKPL and according...
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