Future Enterprises announces re-appointment of Vijay Biyani as MD for a period of 3 years

Kishore Biyani led Future Enterprises Ltd. announced the reappointment of Mr. Vijay Biyani as the Managing Director of the retail chain and branding company for the period of 3 years.

Kishore Biyani led Future Enterprises Ltd. announced the reappointment of Mr. Vijay Biyani as the Managing Director of the retail chain and branding company for the period of 3 years.

Mr. Vijay Biyani is Managing Director of the Company and his tenure expires on 26th September, 2020. He holds bachelor’s degree in commerce from Mumbai University, He has around 36 years of experience in textile, yam and readymade apparels business. He is also actively involved in the financial and administrative functions of the Company.

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Mumbai based company reported in its BSE regulatory filing. On the recommendation of the Nomination and Remuneration Committee of the Board & subject to the approval of the Members at the ensuing Annual General Meeting, the Board of Directors have reappointed Mr. Vijay Biyani, Managing Director (MD) of the Company for a period of 3 (Three) years with effect from 26th September, 2020.

Mr. Vijay Biyani is brother of Mr. Kishore Biyani, he is Vice Chairman and Non-Executive Director of the Company. Further, Mr. Vijay Biyani is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority.