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Future Enterprises raises Rs 332 crore via NCDs

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Press Trust of India New Delhi
Last Updated : Mar 27 2017 | 7:02 PM IST
Homegrown retail major Future Enterprises today said it has raised Rs 332 crore by allotting non-convertible debentures (NCDs) on a private placement basis.
"The Committee of Directors of the company...Considered, approved and allotted 1,330 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - E) and 1,990 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - F) aggregating to Rs 332 crore on private placement basis," the company said in a BSE filing.
Future Enterprises had last week raised Rs 352 crore by allotting NCDs.
Shares of the company closed at Rs 27.80, down 1.07 on BSE.

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First Published: Mar 27 2017 | 7:02 PM IST

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