Future Retail Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 12, 2015, has take the following decisions :<BR><BR>1. Structuring of a Share Based Employee Benefit Scheme with a ceiling limit of upto 2 (Two)% of the paid-up equity share capital of the Company, computed as at the end of the previous financial year.<BR><BR>2. The Board approved divestment of part of its investments in its subsidiary, Future Supply Chain Solutions Limited, and authorised committee to consider various options for a value upto Rs. 700 crore, such as Offer for Sale as part of Initial Public Offering, sale to Private Equity / Strategic Investor.
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