Future Enterprises has raised Rs 300 crore on private placement basis. The Committee of Directors of the company at their meeting held on April 17, 2018, has considered, approved & allotted 1,200, 9.75% Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XXII - A) and 1,800, 9.75% Secured, Rated, Redeemable, NCDs of Rs 10 lakh each (NCD Series XXII - B) aggregating to Rs 300 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.
