Future Enterprises raises Rs 332 crore via NCDs
The Committee of Directors of the company...considered, approved and allotted 1,330 secured redeemable non-convertible debentures of Rs 10 lakh each.
By PTI | Updated:
NEW DELHI: Homegrown retail major Future Enterprises on Monday said it has raised Rs 332 crore by allotting non-convertible debentures (NCDs) on a private placement basis.
"The Committee of Directors of the company...considered, approved and allotted 1,330 secured redeemable non-convertible debentures of Rs 10 lakh each ( NCD Series XVI - E) and 1,990 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - F) aggregating to Rs 332 crore on private placement basis," the company said in a BSE filing.
Future Enterprises had last week raised Rs 352 crore by allotting NCDs.
Shares of the company closed at Rs 27.80, down 1.07 on BSE.
"The Committee of Directors of the company...considered, approved and allotted 1,330 secured redeemable non-convertible debentures of Rs 10 lakh each ( NCD Series XVI - E) and 1,990 secured redeemable non-convertible debentures of Rs 10 lakh each (NCD Series XVI - F) aggregating to Rs 332 crore on private placement basis," the company said in a BSE filing.
Future Enterprises had last week raised Rs 352 crore by allotting NCDs.
Shares of the company closed at Rs 27.80, down 1.07 on BSE.
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