Tuesday, March 25, 2008

Future Capital - Outcome of Board Meeting

Future Capital Holdings Ltd has informed that the Board of Directors of the Company at its meeting held on March 24, 2008, has approved entering into a Marketing and Distribution Rights Agreement with Future Finmart Ltd (FFL), a subsidiary of the Company.

Further the Board has also approved an investment of upto Rupees Forty Seven Crore and Seventy Five Lac in the share capital of Future Finmart Ltd (FFL), a subsidiary of the Company towards enabling the business requirements of the FFL in the area of Retail Financial Services.

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