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Last Updated : Apr 17, 2018 04:46 PM IST | Source: PTI

Future Enterprises raises Rs 300 crore via NCDs

"The committee of directors of the company...considered, approved and allotted 1,200 secured redeemable non-convertible debentures of Rs 10 lakh each and 1,800 secured, rated, redeemable non-convertible debentures of Rs 10 lakh each aggregating to Rs 300 crore on private placement basis," the company said in a BSE filing.

 
 
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Homegrown retail major Future Enterprises today said it has raised Rs 300 crore by allotting non-convertible debentures (NCDs) on a private placement basis.

"The committee of directors of the company...considered, approved and allotted 1,200 secured redeemable non-convertible debentures of Rs 10 lakh each and 1,800 secured, rated, redeemable non-convertible debentures of Rs 10 lakh each aggregating to Rs 300 crore on private placement basis," the company said in a BSE filing.

Shares of Future Enterprises closed 0.64 percent up at Rs 39.15 on BSE.
First Published on Apr 17, 2018 04:43 pm
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