The board of Future Capital Holdings has approved entering into a marketing and distribution rights agreement with Future Finmart, a subsidiary of the company.
Further, the board has also approved an investment of upto Rupees forty seven crore and seventy five lakh in the share capital of Future Finmart (FFL), a subsidiary of the company towards enabling the business requirements of the FFL in the area of retail financial services.
This was approved at the board meeting held onn24 March 2008.
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