MoneyWorks4Me

Future Enterprises raises Rs 750 crore via NCDs

04 Jan 2019 Evaluate

Future Enterprises has raised Rs 750 crore through allotment of 5,000, 10.50% Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XXV - A) and 2,500, 10.60% Secured, Rated, Redeemable, NCDs of Rs 10 lakh each (NCD Series XXV - B) on private placement basis.

The Board of Directors of the Company at its meeting held on January 03, 2019 has allotted the same.

Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.

Peers
Company Name CMP
Avenue Supermarts 3809.70
Trent 2597.40
Vishal Mega Mart 99.60
PN Gadgil Jewellers 581.90
Aditya Birla Life 74.43
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