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Future Lifestyle Fashions raises Rs 350 crore through NCDs

the company had reported a 3.23 per cent increase in consolidated net profit at Rs 30.28 crore

Press Trust of India  |  New Delhi 

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Ltd (FLFL), part of the Kishore Biyani-led Future Group, has raised Rs 350 crore through issuance of non-convertible debentures series on a private placement basis.

"The Committee of Directors... has issued and allotted 3,500 senior, secured listed, rated, redeemable non- convertible debentures series - IV (NCDs) of Rs 10 lakh each at par for cash aggregating Rs 350 crore to the investors, on private placement basis," FLFL said in a regulatory filing.


Last week, the company had reported a 3.23 per cent increase in consolidated at Rs 30.28 crore for the quarter to September.

Stock was trading 0.62 per cent up at Rs 348.95 on the BSE.

First Published: Thu, November 09 2017. 16:08 IST
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