CARE revises rating of Future Enterprises’ NCDs

25 Sep 2020 Evaluate

Credit rating agency -- CARE has revised the credit rating for Non-Convertible Debenture Issue (NCDs) (Series XVI - C and XVI - D) of Future Enterprises at ‘D’ from ‘C’.  Rating removed from credit watch with developing implications. Rating was downgraded on account of the default in payment of NCD interest.

Future Enterprises develops, owns and leases the retail infrastructure for the Group. The company also holds the Group’s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain and logistics. 

Future Enterprises Share Price

0.72 -0.01 (-1.37%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4529.35
Aditya Birla Fashion 205.50
Trent 3961.80
Future Retail 2.05
Electronics Mart Ind 191.00
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