FSCNSEFuture Supply Chain Solutions LimitedCriticalNegative
Announced Mon, 27 Oct, 2025 · 17:07 IST
NCLT approves Reliance-led resolution plan for Future Supply Chain
Price reaction
Awaiting price reaction for this filing.
AI summary
The NCLT Mumbai approved Reliance Retail Ventures Limited's plan on 13 October 2025 with 91.76% voting support. The plan value is Rs 171.39 crore versus Rs 894.76 crore of admitted claims, a recovery of about 19.15%. The old board will be replaced, and implementation is planned within 90 days.
Likely market impact
Reliance's takeover gives the company a path to restart, but the low recovery of admitted claims leaves limited value for existing shareholders.