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Future Enterprise raises Rs 50 crore via NCDs

The committee of directors of the Future Group firm, in its meeting held "considered, approved and alloted" NCDs, the company informed BSE.

October 14, 2016 / 08:05 IST
     
     
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    Future Enterprise raised Rs 50 crore from the open market by issuing Non Convertible Debentures (NCD).

    The committee of directors of the Future Group firm, in its meeting held "considered, approved and alloted" NCDs, the company informed BSE.

    The company has issued NCDs in two tranches of Rs 25 crore each having two investors from provident fund and corporate sector.

    The NCDs would be listed on wholesale debt market segment of BSE, it added.

    first published: Oct 14, 2016 07:36 am

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