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Future Enterprises raises Rs 30 cr via NCDs

November 22
01:23 2017

Homegrown retail major Future Enterprises today said it has raised Rs 30 crore through non-convertible debentures on private placement basis.

The committee of directors of the company has approved and allotted 300 secured redeemable NCDs of Rs 10 lakh each, the company said in a regulatory filing.

The NCDs would be listed on the wholesale debt market segment of BSE.

Future Enterprises stocks closed 0.70 per cent up at Rs 50.25 apiece on BSE today.

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