Future Enterprises has approved & allotted 750, 10.25% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each, aggregating to Rs 75.00 crore, on private placement basis. The committee of directors of the company at its meeting held on June 29, 2016 has approved for the same.
The said NCDs shall be listed on Wholesale Debt Market Segment of Bombay Stock Exchange (BSE). These NCDs have been rated ‘AA-‘ by Credit Analysis & Research (CARE).
Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.
