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Mumbai, April 11

Future Capital Holdings Ltd said Kshitij CapitaLand Mall Management Pvt Ltd (KCMMPL) is a 50:50 Joint Venture between Future Capital Holdings Ltd (FCH) and CapitaLand Retail India Pte Ltd (CapitaLand) with each party holding 50 per cent of KCMMPL. The company told BSE on Wednesday that FCH has acquired the 50 per cent stake of CapitaLand in KCMMPL on April 9 and that KCMMCL was now a wholly owned subsidiary of FCH.

– Our Bureau

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