Amazon urges Sebi to probe Future Retail - Economic Times
5/3/2022 12:00:00 AM3 years 10 months ago
by ET Bureau
by ET Bureau
Amazon had challenged the deal to sell FRL assets to Reliance Industries' retail venture. The deal had fallen through after a majority of FRL's secured creditors voted against it. Prior to that, a Reliance unit had taken possession of hundreds of properties w…
Amazon has written to the Securities and Exchange Board of India, requesting the regulator to investigate Future Retail Ltd (FRL) for what it alleged "material suppression" and "false disclosures" by… [+1476 chars]
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