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Future Retail Ltd (Parent)
Embassy 247
'C' Tower, LBS Marg, Vikhroli (West)
Phone: +91 2261190000p:+91 2261190000 MUMBAI, 400083  India Fax: +91 2261995019f:+91 2261995019
On 4/14/2022, the Bank of India filed an Application under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Future Retail Ltd with the National Company Law Tribunal, Mumbai Bench for default on non-payment of monies due in terms of the Framework Agreement entered into between the Company and Bank of India.
On 7/20/2022, the application filed by Bank of India against Future Retail Limited was admitted and initiation of Corporate Insolvency Resolution Process (CIRP) was ordered against the Company.
This is a Subsidiary, click here for the Parent Company
Business Summary
Future Retail Limited is an India-based company, which is engaged in the business of retailing of fashion, household and consumer products through departmental and neighborhood stores under various formats across the country. The Company operates through the Retail segment. Its retail business includes hypermarket & supermarket and lifestyle consumer electronics. It operates hypermarket and home solutions retail formats. Across value and lifestyle segments, its multi-format retail strategy caters to various consumption needs of a cross-section of Indian consumers. Its hypermarket and supermarket business are led by Big Bazaar, Big Bazaar GEN NXT, HyperCity, Foodhall, fbb, Food Bazaar, Easyday Club and Heritage Fresh. The Company operates more than 1,500 stores in over 400 cities and towns across the country. Its small store neighborhood retail chains, EasyDay Club and Heritage Fresh operates closer to the home of customers and offers member-customers a range of services.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20213/31/2021Yes----

Industries
SIC Code Description
5399 Miscellaneous general merchandise stores
5411 Grocery stores
5311 Department stores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board KishoreBiyani 62
Whole Time Company Secretary PratikshaSalecha 9/29/2022 9/29/2022
Non-Executive Independent Director SrideviBadiga 4/20/2017 4/20/2017
Non-Executive Independent Director ShailendraBhandari 62 4/30/2016 4/30/2016

General Information
Outstanding Shares: 542,300,000 (As of 9/30/2021)
Fax Number: +91 2261995019


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Wednesday, September 27, 2023