Future Enterprises receives downgrade in ratings for NCD issue

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Capital Market
Last Updated : Jan 09 2021 | 12:16 PM IST
Future Enterprises announced that CARE Ratings has revised the credit rating for the following instrument of the company:

Non-Convertible Debenture Issue - CARE D (revised from CARE C / rating removed from credit watch with developing implications)

The downgrade is on account of default in payment of NCD interest.

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First Published: Jan 09 2021 | 12:00 PM IST

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