Ltd, the holding company for some Future Group firms, two people aware of the development said. Future Group companies that come under Ryka Commercial Ventures include Future Lifestyle Fashions Ltd, Future Retail Ltd and Future Consumer Ltd. Future Lifestyle Fashions sells domestic and foreign brands including Scullers, BARE, Lee Cooper, Indigo Nation, Clarks, Giovani and Mineral. As on 4 July, the combined market capitalization of Future Consumer, Future Retail and Future Lifestyle stood at Rs28,863 crore. As of March, Future Consumer had total debt of Rs338.40 crore, Future Lifestyle Rs482.37 crore and Future Retail Rs1,078.40 crore. The company has investments in Future Supply Chain Solutions, Future Consumer Enterprise, Future Generali India Insurance Co., Future Generali India Life Insurance Co., Future Lifestyle Fashions, Apollo & Gold Mohur Mills and Staples.

Source: Mint July 04, 2017 18:53 UTC