Future Enterprises raises Rs 332 crore via NCDs

Press Trust of India  |  New Delhi 

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 filing.



Future Enterprises had last week raised Rs 352 crore by allotting NCDs.

of the company closed at Rs 27.80, down 1.07 on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Future Enterprises raises Rs 332 crore via NCDs

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. 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 filing.

Future Enterprises had last week raised Rs 352 crore by allotting NCDs.

of the company closed at Rs 27.80, down 1.07 on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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