The Managing Director of Future Retail Limited, Rakesh Biyani, has stepped down from his current position.
Media reports maintained this while underlining the Company Secretary and some other officials of the company have also tendered their resignations.
Reports further added many board members and people from other positions are leaving from several Future Group companies after Reliance Retail earlier called off its Rs. 24,713 crore deal.
The flagship firm of Future Group is also facing an insolvency petition by its lenders at the National Company Law Tribunal.







