Brief: Future Consumer Approves Resolution Plan To Restructure Existing Debt From Co's Bankers
29/04/2021 09:36
April 29 (Reuters) - Future Consumer Ltd FTRE.NS :
* FUTURE CONSUMER - APPROVED RESOLUTION PLAN TO RESTRUCTURE
EXISTING SECURED & UNSECURED FINANCIAL DEBT FROM BANKERS OF CO
* FUTURE CONSUMER - NON-CONVERTIBLE DEBENTURES ISSUED BY CO
ARE
NOT PART OF RESOLUTION PLAN
* FUTURE CONSUMER - RESOLUTION PLAN HAS BEEN APPROVED BY
BOARD,
SUBJECT TO FINAL APPROVAL FROM LENDERS OF CO
Source text: (https://bit.ly/3u4MhL5)
Further company coverage: FTRE.NS
((reuters.briefs@thomsonreuters.com;))
Recent news on Future Consumer
See all newsBrief: Future Consumer Dec-Qtr Consol Net Loss 277.7 Mln Rupees
Brief: Future Consumer Says Case Filed Against Co By SBI At NCLT Mumbai
Brief: Future Consumer Says Birendra Kumar Agrawal Ceases To Be Chairman
Brief: Future Consumer Business Transfer Agreement For Transfer Of Entire Business Undertaking Of NDFPL Terminated
Brief: Future Consumer Approves Closure Of Its Factory Operations Located In Tumkur, Karnataka