FUTURE RETAIL LTD. - Allotment of Secured Redeemable Non-Convertible Debenture

Future Retail Ltd has informed BSE that the Committee of Directors of the Company has at their meeting held on August 24, 2015, considered, approved & allotted of 2,050, 10.25% Secured Redeemable Non-Convertible Debentures ("NCDs") of Rs. 10 lakh each, aggregating to Rs. 205.00 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- (Under Credit Watch) [Double A Minus (Under Credit Watch)] by Credit Analysis & Research Limited (CARE).