Future Enterprises has received revision in credit ratings from CARE Ratings as under -
Long-term Bank Facilities Term Loan & Long-term fund based Bank Facilities CC - CARE C ; Credit watch with developing implications (Rating put under credit watch)
Short-term non-fund based facilities LC/BG - CARE A4 ; credit watch with developing implications (Rating put under credit watch)
Non convertible debenture issue - CARE C ; credit watch with developing implications (Rating put under credit watch)
Non-Convertible Debenture Issue - CARE D (Reaffirmed)
Fixed Deposit Programme - CARE C (FD); credit watch with developing implications (Rating put under credit watch)
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