Gautam adani vs mukesh ambani reliance among 15 bidders in race to buy future retail assets – Business News India
read on appThe country's two legendary billionaires - Mukesh Ambani and Gautam Adani - are face to face for a bankrupt company. In fact, Mukesh Ambani's Reliance and Gautam Adani
Group are also involved in the race to buy debt-ridden Future Retail Limited (FRL). The Gautam Adani and Mukesh Ambani-led company are among 15 bidders who have sent their
Expression of Interest (EoI) to acquire the assets of Future Retail, Business Standard reported. Apart from this, other companies including Capri Global Holdings, OP Jindal Group's
Nalwa Steel & Power, Shalimar Corporation have also shown interest. Let us tell you that in the month of October itself, the deadline for submission of Expression of Interest for
Future Group company Future Retail Limited was extended by about two weeks to November 3. It was informed that the final list of potential resolution applicants will be published
on 20 November 2022 and the last date for submission of resolution plan is 15 December 2022. Read this-Shock to yoga guru Ramdev! Competition to sell shares of Patanjali Foods
Quote was at 52 Week Low on 3rd November: On November 3, the stock price of Future Retail was at a 52-week low. At the same time, on Thursday, the share price rose by about 5
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percent to reach the level of Rs 3.65. Talking about the market capital, it is around Rs 200 crore.
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