Future Enterprises is planning to raise Rs 60 crore by issuing of 600, 10.25% Secured Redeemable Non-Convertible Debentures (NCDs), on private placement basis. The committee of directors of the company at its meeting held on June 24, 2016 has approved for the same.
The said NCDs shall be listed on Wholesale Debt Market Segment of BSE. These NCDs have been rated ‘AA-’ by Credit Analysis & Research (CARE).