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FRL SHAREHOLDERS
SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...- Future Coupons to pay Rs 11 crore in Amazon settlementAmazon and Future Coupons Pvt Ltd have settled their long-running dispute and agreed to withdraw all legal proceedings across forums follow...
- After most FRL lenders vote against RIL deal, Reliance Industries, Future Group companies say deal's offThat seemingly brings the curtain down on an acquisition plan that was announced in 2020 and then became the cause of a legal battle betwee...
- Cannot implement $3.4 bln deal with Future Group, Reliance saysA day after Future Group’s proposed deal to sell its assets to Reliance Retail was rejected by a majority of lenders to flagship Future Ret...
- FRL holds shareholders' meeting for approval of deal with Reliance RetailIn late February, Reliance quietly began taking over the rental leases of hundreds of stores once run by FRL and Future Lifestyle Fashions ...
- FRL shareholders' e-voting ends; EGM for shareholders, creditors to be held on Apr 20, 21As per an addendum notice that the company had submitted to the BSE, FRL's remote e-voting for its equity shareholders started last week on...
- Future Retail to convene shareholder, creditors meeting in AprilThe announcement comes weeks after in February the National Company Law Tribunal (NCLT) had allowed FRL to go ahead with those meetings in ...
- NCLT allows Future Retail to convene meetings to approve the sale of its retail assets to RelianceThe approval comes exactly a year after FRL approached the NCLT in Mumbai seeking permission to hold these meetings to approve the Rs 24,00...
- Anatomy of a retail fight: How the Amazon-Future deal went horribly wrongAmazon.com NV Investment Holdings had in 2019 invested Rs 1,431 crore to acquire a 49% stake in FCPL, which owned about 10% of FRL that ope...
- Hope CCI reopens Amazon investment case: Independent directors of FRLRL has given a one-time restructuring proposal to banks, telling them that the company will sell all its small stores and raise Rs 3,000 cr...
- NCLT puts on hold shareholders meeting of Future RetailIn September, the NCLT had allowed FRL to convene meetings of its shareholders and creditors to seek approval on a sale proposal of the ret...
- Future Retail independent directors claim Amazon deal violates FEMA, FDI rulesThe assertions of Amazon which it has claimed with success in the arbitral tribunal meant Amazon has significant strategic rights over FRL ...
- Amazon files another petition in SC against NCLT order on Future RetailThe latest petition is filed on a day when the Singapore International Arbitration Centre (SIAC) had dismissed a January petition by Future...
- Singapore arbitration panel says Future Retail is party to dispute with Amazon-orderAmazon has for months been locked in a dispute with Future, and accuses the Indian firm of violating contracts when it sold its retail asse...
- 'Amazon seeking to exercise control over Future Retail without owning a stake'Amazon had in August last year bought 49 per cent in one of Kishore Biyani-led Future Group's unlisted firms, with the right to buy into th...
- Amazon not shareholder, no say in company affairs: Future Retail tells Delhi High CourtSubsequently, Amazon wrote to market regulator SEBI, stock exchanges and Competition Commission of India (CCI), urging them to take into co...
- After stalling Ambani-Biyani deal, transfer of Future Retail stake also stayed by SIACApart from putting the Reliance-Future Group deal on hold, the Singapore International Arbitration Centre (SIAC) in its interim order has a...
- Future Retail rejects Amazon's contention over shareholder agreementsIn a filing to the stock exchanges on Sunday, FRL said if the two separate agreements were treated as a single integrated transaction, then...
- Future Retail to focus on core format post demerger of home retail bizHome Town format was initially established in 2007 and was vested with the company from Future Enterprise Ltd as part of the demerged busin...
- SSG Capital to buy 40% stake in Future Supply Chain SolutionsFuture Supply Chain Solutions is a logistics company in which Future Retail holds 70.17 per cent stake.
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