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Future Retail to raise Rs 750 crore via NCDs

05 Feb 2019 Evaluate

Future Retail has received approval to raise funds aggregating upto Rs 750 crore through issuance and allotment of Secured Redeemable Non-convertible Debentures (NCDs) in one or more tranches from time to time. The Board of Directors of the Company at its meeting held on February 04, 2019 has approved the same.

Future Retail offers food and grocery categories, fresh fruits and vegetables, meat and poultry, dairy products, staples, FMCG and processed foods, electronics and appliances, clothing and footwear, furniture and furnishing, and other household articles.

Peers
Company Name CMP
Avenue Supermarts 3460.00
Trent 3115.00
Vishal Mega Mart 92.25
PN Gadgil Jewellers 611.70
Aditya Birla Life 75.90
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