Ward Ferry Management has sold 1,199,893 shares of Future Retail, the country’s largest listed retail firm, through an open market transaction. The shares were sold at an average price of Rs 77 on Bombay Stock Exchange (BSE) on October 11, 2013.
Future Retail is India’s leading retail chain and part of Indian conglomerate Future Group. It operates retail space spread over 11 million square feet. It has a network of more than 1000 stores across 63 cities in India and has employee strength of 30,000 people.
