Future Lifestyle plans debt restructure pitch - Economic Times

FLFL, promoted by Kishore Biyani's Future Group, was part of the asset-sale deal with Reliance Industries Ltd-owned companies that's been called off. The company has to arrange ₹163 crore by April 30 to prevent a possible default.

Future Lifestyle Fashion Ltd (FLFL) informed lenders on April 26 that it would soon present a debt restructuring plan, a move aimed at staving off its entry into the bankruptcy process, said two peop… [+2953 chars]

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