Reliance Retail Ventures Limited (RRVL) is informed of an interim order passed by the
Emergency Arbitrator in the arbitration proceedings invoked by Amazon under a
shareholders’ agreement with the promoters of Future group.
RRVL has entered into the transaction for acquisition of assets and business of Future Retail
Limited under proper legal advice and the rights and obligations are fully enforceable under
RRVL intends to enforce its rights and complete the transaction in terms of the scheme and
agreement with Future group without any delay
[Mumbai, October 25, 2020]