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Future Enterprises allots NCDs aggregating Rs 500 crore

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Capital Market
Last Updated : Apr 24 2018 | 1:50 PM IST

On private placement basis

Future Enterprises announced that the Committee of Directors of the Company at its meeting held on 24 April 2018 approved allotment of 5,000, 10.00% Secured, Rated, Redeemable Non-Convertible Debentures of Rs 10 lakh each (NCO Series XXIII) aggregating to Rs 500 crore, on private placement basis.

These NCDs have been rated CARE AA-; Stable (Double A Minus; Outlook Stable) Rating by CARE Ratings.

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First Published: Apr 24 2018 | 1:37 PM IST

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