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Ryka Commercial Ventures Private Limited, promoter of Future Lifestyle Fashions Ltd, has confirmed no new encumbrances were created on the company’s shares in FY 2024-25 beyond previously disclosed ones. The promoter group holds about 20.3% stake combined, with Ryka Commercial Ventures owning 18.39%. The erstwhile promoter, Future Corporate Resources Pvt Ltd, has been excluded from the promoter list following a corporate insolvency resolution process. This clarification supports transparency on shareholding and control, important for investors monitoring promoter commitments and encumbrance risks.