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Future Enterprises defaults on payment of interest of Rs 1.22 crore due on NCDs

16 Apr 2022 Evaluate

Future Enterprises (FEL) has defaulted on the payment of interest of Rs 1.22 crore due on non-convertible debentures (NCDs). The due date for payment of Rs 1.22 crore interest was April 13, 2022.

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.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
Aditya Birla Life 83.43
PN Gadgil Jewellers 613.50
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