December 24, 2024 11:35 pm (IST)
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Reliance cancels Rs 24,700 cr deal with Future group after secured creditors oppose it

Reliance cancels Rs 24,700 cr deal with Future group after secured creditors oppose it

Apr 24, 2022, at 02:35 am

Mumbai: A day after secured creditors, primarily banks and financial institutions, of Future Retail rejected the Rs 24,713 crore deal with Reliance Group, billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday said that the scheme of arrangement cannot be implemented.