BSEFuture Retail LtdMediumNegative
Announced Tue, 29 Jul · 17:51 IST

As attached

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Future Retail Limited, which is currently under liquidation, has informed the stock exchanges about the removal of CS Pratiksha Salecha from the post of Company Secretary. The Stakeholder Consultation Committee (SCC) approved the removal at its 6th meeting held on 7th December 2024, with the change effective from 5th December 2024. The intimation has been signed by Sanjay Gupta, the appointed Liquidator under the IBC process. No further reason beyond 'Removal' has been disclosed, and no successor has been named in this filing.

Likely market impact

This is a procedural KMP-level change during ongoing liquidation and is unlikely to materially affect shareholders, who remain primarily focused on the insolvency resolution and any recovery outcome.