India’s Future Retail executive chairman withdraws resignation letter

  • Biyani had tendered his resignation on Jan. 23, the company said.

Reuters
Updated15 Mar 2023, 07:55 PM IST
Kishore Biyani, CEO and founder of India's Future Group
Kishore Biyani, CEO and founder of India’s Future Group

Future Retail Ltd announced on Wednesday that Kishore Biyani, the company's executive chairman and director, has retracted his resignation despite the firm's financial struggles.

The company, currently under insolvency proceedings, said "the resolution professional objected to the contents of (Biyani's resignation) letter" and requested him to recall the letter.

Biyani had tendered his resignation on Jan. 23, the company said.

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First Published:15 Mar 2023, 07:55 PM IST
Business NewsNewsIndiaIndia’s Future Retail executive chairman withdraws resignation letter

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