India's Future Retail executive chairman withdraws resignation letter

Future Retail

15/03/2023 13:51

BENGALURU, March 15 (Reuters) - Debt-ridden Future Retail Ltd  FRTL.NS 
said on Wednesday Kishore Biyani has withdrawn his resignation as the executive
chairman and director of the company. 
    The company, currently under insolvency proceedings, said "the resolution
professional objected to the contents of (Biyani's resignation) letter" and
requested him to recall the letter.
    Biyani had tendered his resignation on Jan. 23, the company said.

 (Reporting by Anuran Sadhu in Bengaluru; Editing by Shailesh Kuber)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))