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Future Retail’s managing director, company secretary resigns

New Delhi, May 4 (PTI) Rakesh Biyani, managing director of Future Retail, has resigned. Along with this, many other officers including company secretary Virendra Samani of this debt-ridden company have also resigned.

The flagship company of the Future Group is facing insolvency proceedings before the National Company Law Tribunal.

Board and other level executives in several Future Group companies have resigned after Reliance Retail scrapped the Rs 24,713 crore deal.

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