Future Consumer Enterprise has received its board approval for the issue of 1,000 Secured Non-Convertible Redeemable Debentures (NCDs) of Rs 10 lakh each, aggregating to Rs. 100.00 crore, on private placement basis. These NCDs have been rated A- by Credit Analysis & Research.
Future Consumer Enterprise is the alternate investment arm of Future Group, India's largest retailer. The Future Group is a business group, led by Kishore Biyani, focusing on consumption-led businesses in India and is also one of India’s leading organized multi-format retailers.
