Future Enterprises, a homegrown retail major, has raised Rs 332 crore through allotment of non-convertible debentures (NCDs) on a private placement basis.
It has said in a BSE filing that “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.”
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