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Future Retail allots NCDs worth Rs 199 crore

04 Jun 2019 Evaluate

Future Retail has allotted 1,000 Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) of Rs 10,00,000 each (Series – IA) and 990, Secured Rated Listed Redeemable Non-Convertible Debentures of Rs 10,00,000 each (Series - IB) aggregating to Rs 199,00,00,000 on a private placement basis.

The Committee of Directors at their meeting held on June 03, 2019, considered, approved and allotted 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 3821.60
Trent 2759.85
Vishal Mega Mart 106.55
PN Gadgil Jewellers 598.15
Aditya Birla Life 79.00
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