Future Enterprises has raised Rs 110 crore on private placement basis. The Committee of Directors of the Company at their meeting held on September 26, 2017, considered, approved & allotted 600, 8.80% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XVIII - A) and 500, 8.91% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each, (NCD Series XVIII - B) aggregating to Rs 110 crore. The said NCDs shall be listed on Wholesale Debt Market Segment of BSE.
Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.
