Debt-ridden Future Lifestyle Fashions plans to sell assets, awaits lenders' nod
FLFL has identified certain assets (identified as in-store retail infra assets) which are lying at non-operational stores and which cannot be used at continuing operating stores, the filing said.
The deal was called off by the billionaire Mukesh Ambani-led Reliance Industries Ltd in April after it failed to get lenders' support of the respective companies. Pic: Official website