Toshniwal’s resignation is the recent addition to the string of exits that started after the Rs 24,713-crore deal was called off last month by Reliance Industries...
There is an exodus of people from the board and at other levels in several Future group companies after Rs 24,713 crore deal was called off by Reliance Retail...
The pact collapsed after it fell short of the 75 per cent threshold for approval from secured creditors though shareholders and the unsecured creditors had given assent...