Future Enterprises has postponed its board meeting scheduled for August 28, 2020 due to non-completion of audit of its financial results. The meeting shall now be held on September 7, 2020. The company, which recently defaulted on interest payment of non-convertible debentures, had earlier this week said it is considering to raise funds.
Future Enterprises develops, owns and leases the retail infrastructure for the Group. The company also holds the Group’s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain and logistics.