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Future Enterprises allots NCDs

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Capital Market
Last Updated : Jul 01 2016 | 12:02 AM IST

Aggregating Rs 75 crore

Future Enterprises announced that the Committee of Directors of the Company at their meeting held on 29 June 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.

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

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First Published: Jun 30 2016 | 9:21 AM IST

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