"The committee of directors of the company...considered, approved and allotted...secured, rated, redeemable non-convertible debentures of Rs 10 lakh each aggregating to Rs 500 crore on private placement basis," the company said in a BSE filing.
PTI
Homegrown retail major Future Enterprises today said it has raised Rs 500 crore by allotting non-convertible debentures (NCDs) on a private placement basis.
"The committee of directors of the company...considered, approved and allotted...secured, rated, redeemable non-convertible debentures of Rs 10 lakh each aggregating to Rs 500 crore on private placement basis," the company said in a BSE filing.
Shares of Future Enterprises were trading 1.46 percent up at Rs 38.30 per scrip on BSE.