View News

Future Enterprises plans to raise Rs. 75 crore

Future Enterprises plans to raise Rs. 75 crore

Future Enterprises Ltd has announced that the Committee of Directors of the Company at their meeting held on June 29, 2016, has considered, approved & allotted of 750,10.25% Secured Redeemable Non-Convertible Debentures.

 

Future Enterprises Ltd has announced that the Committee of Directors of the Company at their meeting held on June 29, 2016, has considered, approved & allotted of 750,10.25% Secured Redeemable Non-Convertible Debentures ("NCDs") of Rs. 10 lakh each, aggregating to Rs. 75.00 crore, on private placement basis.

The said NCDs shall be listed on Wholesale Debt Market Segment of BSE Limited.

These NCDs have been rated CARE AA- [Double A Minus] by Credit Analysis & Research Limited (CARE).

Add Comment

Cancel reply

Your email address will not be published. Required fields are marked *