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Future Enterprises raises Rs 352 crore via NCDs

Press Trust of India  |  New Delhi 

Homegrown retail major Future Enterprises today said it has raised Rs 352 crore by allotting non-convertible debentures (NCDs) on a private placement basis.

"The Committee of Directors of the company...Considered, approved and allotted 1,406 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - C) and 2,114 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - D) aggregating to Rs 352 crore on private placement basis," the company said in a filing.



of Future Enterprises closed 1.47 per cent up at Rs 27.65 on

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

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Future Enterprises raises Rs 352 crore via NCDs

Homegrown retail major Future Enterprises today said it has raised Rs 352 crore by allotting non-convertible debentures (NCDs) on a private placement basis. "The Committee of Directors of the company...Considered, approved and allotted 1,406 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - C) and 2,114 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - D) aggregating to Rs 352 crore on private placement basis," the company said in a BSE filing. Shares of Future Enterprises closed 1.47 per cent up at Rs 27.65 on BSE. Homegrown retail major Future Enterprises today said it has raised Rs 352 crore by allotting non-convertible debentures (NCDs) on a private placement basis.

"The Committee of Directors of the company...Considered, approved and allotted 1,406 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - C) and 2,114 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - D) aggregating to Rs 352 crore on private placement basis," the company said in a filing.

of Future Enterprises closed 1.47 per cent up at Rs 27.65 on

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

image
Business Standard
177 22

Future Enterprises raises Rs 352 crore via NCDs

Homegrown retail major Future Enterprises today said it has raised Rs 352 crore by allotting non-convertible debentures (NCDs) on a private placement basis.

"The Committee of Directors of the company...Considered, approved and allotted 1,406 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - C) and 2,114 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - D) aggregating to Rs 352 crore on private placement basis," the company said in a filing.

of Future Enterprises closed 1.47 per cent up at Rs 27.65 on

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

image
Business Standard
177 22