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List of 49 potential bidders for Future Retail released; Reliance, Adani included
short by Hiral Goyal / on Monday, 10 April, 2023
Future Retail shared a provisional list of 49 entities which have submitted their expression of interest to submit a resolution plan for the debt-ridden company. The list includes Reliance Retail Ventures, Adani Enterprises-owned April Moon Retail, WHSmith Travel and Jindal Power. Future Retail is undergoing insolvency proceedings after its ₹24,713-crore deal with Reliance was rejected by lenders.
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