Apollo global eyes legal route against future
Aion -- an equal joint venture between ICICI Venture Funds Management Co Ltd and Apollo Global Management - had invested close to ₹1,600 crore in various Future Group promoter entities. About 46.75% of the promoter shares in FSC were pledged with Aion, which had already invoked 24.8% to become the single largest shareholder of the company.
Apollo global eyes legal route against future
Aion -- an equal joint venture between ICICI Venture Funds Management Co Ltd and Apollo Global Management - had invested close to ₹1,600 crore in various Future Group promoter entities. About 46.75% of the promoter shares in FSC were pledged with Aion, which had already invoked 24.8% to become the single largest shareholder of the company.