Amazon accuses Future Group of hiding facts from shareholders
Shortpedia
Content TeamImage Credit: shortpedia
In another round of the ongoing tussle, Amazon has accused Future Group of hiding facts with stakeholders of going ahead with the transaction with Reliance. “FRL’s disclosure presents a selective and misleading picture. Such disclosure is against the public interest, misleads public shareholders as well as perpetuates a fraud for the benefit of the Biyanis alone,” Amazon wrote in the October 3 letter.