Future Retail RP finalises 48 EoIs including RIL, Adani group firms

Debt-strapped Future Retail (FRL) has finalised 48 companies, including group firms of Reliance Industries (RIL) and Adani, as eligible resolution applicants (RP) to bid for its assets through the ongoing insolvency process.

Further, the company’s resolution professional also received seven new applications after the expiry of the deadline for submitting Expressions of Interest (EoIs).