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Future Retail informs about allotment of secured redeemable non-convertible debenture

24 Aug 2015 Evaluate

Future Retail has informed that the Committee of Directors of the Company has at their meeting held on August 24, 2015, considered, approved & allotted of 2,050, 10.25% Secured Redeemable Non-Convertible Debentures (‘NCDs’) of Rs 10 lakh each, aggregating to Rs 205.00 crore, on private placement basis. The said NCDs shall be listed on Wholesale Debt Market Segment of BSE Limited.These NCDs have been rated CARE AA- (Under Credit Watch) [Double A Minus (Under Credit Watch)] by Credit Analysis & Research Limited (CARE).

The above information is a part of company’s filings submitted to BSE.

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