Home FEATURED NEWS India’s Future Retail government chairman withdraws resignation letter

India’s Future Retail government chairman withdraws resignation letter

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BENGALURU, March 15 (Reuters) – Debt-ridden Future Retail Ltd (FRTL.NS) stated on Wednesday Kishore Biyani has withdrawn his resignation as the manager chairman and director of the corporate.

The firm, at the moment below insolvency proceedings, stated “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 corporate stated.

Reporting by Anuran Sadhu in Bengaluru; Editing by Shailesh Kuber

Our Standards: The Thomson Reuters Trust Principles.

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