Future Retail has informed that the Committee of Directors of the Company has at their meeting held on October 13, 2015, considered approved & allotted of 1,000, 10.25% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each, aggregating to Rs 100.00 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.