Future Enterprises receives ratings downgrade for NCDs

From CARE
Future Enterprises announced that CARE has revised the credit rating for the non-convertible debenture issue from CARE C to CARE D. The rating has been removed from credit watch with developing implications. The downgrade is on account of default in payment of NCD interest.Powered by Capital Market - Live News
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First Published: Sep 25 2020 | 9:22 AM IST
