Future Enterprises has raised Rs 75 crore on private placement basis. The Committee of Directors of the company at their meeting held on October 26, 2017, considered, approved and allotted 250, 8.80% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XVIII - A), 250, 8.91% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each, (NCD Series XVIII - B) and 250, 8.91% Secured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each, (NCD Series XVIII - C) aggregating to Rs 75 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.
