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Future Enterprises raises Rs 300 crore via NCDs

Press Trust of India  |  New Delhi 

Homegrown retail today said it has raised Rs 300 crore by allotting non-convertible debentures (NCDs) on a private placement basis.

"The committee of directors of the company...considered, approved and allotted 1,200 secured redeemable non-convertible debentures of Rs 10 lakh each and 1,800 secured, rated, redeemable non-convertible debentures of Rs 10 lakh each aggregating to Rs 300 crore on private placement basis," the company said in a BSE filing.

Shares of closed 0.64 per cent up at Rs 39.15 on BSE.

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

First Published: Tue, April 17 2018. 16:45 IST
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