Future Enterprises

Jan 9 (Reuters) - Praxis Home Retail Ltd PRAX.NS:

• PRAXIS HOME RETAIL - FUTURE ENTERPRISES' RP FILES APPLICATION AGAINST PROMOTER, CO

• PRAXIS HOME RETAIL - RESOLUTION PROFESSIONAL CLAIMS REFUND OF 457.7 MILLION RUPEES FROM CO

• PRAXIS HOME RETAIL - COMPANY BELIEVES RP CLAIM IS INCORRECT

Source text: ID:nNSE62Zv8L

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Aug 21 (Reuters) - Central Bank of India Ltd CBI.NS:

• CENTRAL BANK OF INDIA - DECLARED SUCCESSFUL BIDDER TO BUY FUTURE ENTERPRISES STAKE IN TWO INSURANCE VENTURES

• CENTRAL BANK OF INDIA - FUTURE ENTERPRISES' CREDITORS APPROVED CO'S BID FOR 33% STAKE IN FUTURE GENERALI LIFE INSURANCE

• CENTRAL BANK OF INDIA - FUTURE ENTERPRISES' CREDITORS APPROVED CO'S BID FOR 25% STAKE IN FUTURE GENERALI INDIA INSURANCE

Source text for Eikon: ID:nBSE9fHkxN

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July 26 (Reuters) - Future Enterprises Ltd FURE.NS:

• ISSUANCE OF FINAL LIST OF PROSPECTIVE RESOLUTION APPLICANTS

• JINDAL (INDIA), RELIANCE RETAIL VENTURES, GBTL IN FINAL LIST OF PROSPECTIVE RESOLUTION APPLICANTS

Source text for Eikon: ID:nBSE5HhwdL

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BENGALURU, July 12 (Reuters) - The retail arm of Reliance Industries RELI.NS is among three companies eligible to submit a plan for the debt-ridden Future Enterprises FURE.NS's bankruptcy proceedings, Future's resolution professional disclosed in an exchange filing on Wednesday.

Indian billionaire Mukesh Ambani's Reliance Retail Ventures, galvanised steel sheet maker Jindal (India) and Donear Industries-owned textiles maker GBTL DONE.NS have been listed as prospective resolution applicants for the Future Group company, said Avil Menezes.

Menezes is a court-appointed resolution professional overseeing the company's affairs during the bankruptcy proceedings.

Reliance Retail is also among a list of 49 companies eyeing another Future Group company, Future Retail FRTL.NS.

Future Enterprises houses various businesses such as supply chain solutions and insurance, while Future Retail used to operate brands such as department chain Big Bazaar and supermarket chain Easyday.

Future Retail was dragged into insolvency proceedings by banks in July 2022 after it defaulted on loans and its lenders rejected a $3.4 billion buyout by Reliance amid a legal challenge by Amazon.com Inc AMZN.O. Future Enterprises was admitted to insolvency in March.

In May, Future Retail said it received six bankruptcy resolution bids without disclosing the names of the bidders.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Janane Venkatraman)

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BENGALURU, May 17 (Reuters) - Debt-ridden Future Retail Ltd FRTL.NS said on Wednesday it had received bids from six applicants in its insolvency resolution process.

The company did not disclose the name of the bidders.

Future Retail, once India's second-largest retailer, was dragged into bankruptcy proceedings by banks after it defaulted on loans and its lenders rejected a $3.4 billion buyout by Reliance Retail amid a legal challenge by Amazon.com Inc AMZN.O.

Earlier in the day, ET reported that Reliance Retail - the retail arm of Mukesh Ambani's Reliance Industries RELI.NS - and Gautam Adani-led Adani Group had opted out of the final bid.

A total of 49 bidders were eyeing to acquire the debt-laden giant in April this year.

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sohini Goswami)

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