Future Group seeks lenders' nod to recast Rs 8,400 crore FEL debt post Reliance deal

FEL's debt was restructured once last November under the Reserve Bank of India's one-time restructuring (OTR) scheme for companies affected by Covid-19. However, at the time of entering into the OTR, lenders and the company had not envisaged that the ₹24,713-crore, multi-stage asset sale deal with Reliance group entities.

via Economictimes