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Future Enterprises receives ratings downgrade for NCDs

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Capital Market
Last Updated : Sep 25 2020 | 9:50 AM IST

From CARE

Future Enterprises announced that CARE has revised the credit rating for the non-convertible debenture issue from CARE C to CARE D. The rating has been removed from credit watch with developing implications. The downgrade is on account of default in payment of NCD interest.

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First Published: Sep 25 2020 | 9:22 AM IST

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