FUTURE RETAIL LTD. - Outcome of Committee Meeting
17 Apr 2015
Future Retail Ltd has informed BSE that the Committee of Directors of the Company has at their meeting held on April 17, 2015, considered, approved & allotted of 5,000, 10.10% Secured Redeemable Non-Convertible Debentures ("NCDs") of Rs. 10 lakh each, aggregating to Rs. 500.00 crore, on private placement basis.<BR><BR>The said NCDs shall be listed on Wholesale Debt Market Segment of BSE Limited.<BR><BR>These NCDs have been rated CARE AA- (Double A minus) by Credit Analysis & Research Limited (CARE).
Source:
BSE India