Future Consumer raises Rs 50 crore on private placement basis

05 Sep 2017 Evaluate

Future Consumer has raised Rs 50 crore by way of private placement. The board of directors at its meeting held on September 5, 2017 has issued and allotted 5,000 Secured, Rated, Listed, Redeemable, Taxable  Non-Convertible Debentures (NCDs) in the form of Separately Transferable Redeemable  Principal Parts (STRPPs) of face value of Rs 1,00,000 each for cash at par aggregating to  Rs 50 crore. The said NCDs will be listed on the Wholesale Debt Market segment of BSE.

Future Consumer (formerly Future Consumer Enterprise) is a holding company. It is a food company, which is engaged in branding, marketing, sourcing, manufacturing and distribution of fast moving consumer goods, food and processed food products. It also has agri-sourcing operations in India.

Future Consumer Share Price

0.79 -0.03 (-3.66%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
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