The apparel firm of Future Group, Future Lifestyle Fashions Ltd. (FLF), clarified it is not planning to sell off a few fashion brands in its portfolio so as to raise Rs. 1,000 crore.
This was claimed by media reports, according to which, the FLF in a regulatory filing on 27 April has denied an earlier media report, which had maintained Future Group has initiated the revival process for FLF, which has not defaulted on loan repayments and is not a part of the insolvency proceedings against the Group.
“…there has been no such decision taken by the Board of Directors, which should have been announced by the Company in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,” reportedly, added FLF even as it went on to maintain the company explores and evaluates various possibilities in the course of its business, which are subject matter of further feasibility studies.
Bharat Tex Special Report 2026 
