Future Enterprises defaults on interest payment of Rs 4.10 crore for NCDs

27 Jun 2022 Evaluate

Future Enterprises (FEL) has defaulted on interest payment of Rs 4.10 crore for its non-convertible debentures (NCDs) which was due on June 24, 2022. The latest default is on the interest of securities issued for a sum of Rs 40 crore.

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

2.31 -0.03 (-1.28%)
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Peers
Company Name CMP
Avenue Supermarts 4275.30
Future Retail 4.27
Aditya Birla Fashion 291.75
Trent 1339.70
Shoppers Stop 623.70
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