Future Enterprises raises Rs 30 cr via NCDs

Homegrown retail major Future Enterprises today said it has raised Rs 30 crore through non- convertible debentures on private placement basis.
The committee of directors of the company has approved and allotted 300 secured redeemable NCDs of Rs 10 lakh each, the company said in a regulatory filing.
The NCDs would be listed on the wholesale debt market segment of BSE.
Future Enterprises stocks closed 0.70 per cent up at Rs 50.25 apiece on BSE today.