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Future Enterprises raises Rs 300 crore on private placement basis

Future Enterprises raises Rs 300 crore on private placement basis

Future Enterprises has raised Rs 300 crore through allotment of 1,200, 10.15% Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCD Series XXIV-A) and 1,800, 10.15% Secured, Rated, Redeemable, Non-Convertible Debentures of Rs 10 lakh each (NCD Series XXIV-B) on private placement basis. The Committee of Directors of the company at their meeting held on October 11, 2018 have considered, approved & allotted the same.

Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.

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