News for Future Supply Chain Solutions Limited (FSC.BO)

Future group stocks hit the upper circuit on Tuesday after the Delhi High Court allowed the Kishore Biyani company to go-head with Reliance Industries Ltd (RIL) deal.

Suppliers drag group companies to insolvency court over unpaid dues

Most of the Future group shares have hit their respective lower circuits on Thursday, after the capital market regulator Sebi banned Kishore Biyani, along with certain other promoters of Future Retail Ltd

SEBI said that its investigation found that Future Retails promoters including Kishore Biyani had traded the in the scrip while possessing undisclosed price sensitive information.

Read more about Future Group shares fall 5% as Delhi HC orders status quo on Reliance deal on Business Standard. Future Retail said the Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.