Future Enterprises defaults on Rs 29.33 cr interest payment for NCDs ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 15
Debt-ridden Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on payment of Rs 29.33 crore as interest on non-convertible debentures (NCDs). The due date for payment was April 18, 2022, it said in a regulatory filing. This is the third default by the Kishore Biyani-led Future group firm this month. On April 12, FEL had informed the exchanges about default on payment of Rs 9.10 crore interest on NCDs and Rs 1.22 crore on April 15. The latest default is on the interest of securities issued for a sum of Rs 300 crore. FEL has defaulted on interest for the period between April 17, 2021 to April 17, 2022, it said. The debentures are secured and have a coupon rate of 9.75 per cent per a

Hence then, the article about future enterprises defaults on rs 29 33 cr interest payment for ncds was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Future Enterprises defaults on Rs 29.33 cr interest payment for NCDs )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Kronos Microreactor Just Cleared Its Biggest Regulatory Hurdle Yet
OILPRICE - before 8 hours & 23 minute
$100 Oil Isn’t Enough to Balance Alberta’s Books
OILPRICE - before 7 hours & 29 minute
Tata Communications mantiene su posición de liderazgo en el Cuadrante Mágico™ de Gartner®
PR Newswire - before 9 hours & 20 minute
GoPro Cameras Onboard Historic Artemis II Mission to the Moon
PR Newswire - before 8 hours & 44 minute
Mozambique: Frelimo Demands Measures to Deal With Fuel Crisis
allafrica - before 2 hours & 25 minute
TerraClear Appoints Eric Rombokas as Director of Robotics and Hardware
PR Newswire - before 10 hours & 31 minute
Home emergency callouts set to spike on Easter Monday, analysis indicates
INDEPENDENT - before 5 hours & 30 minute
Backpack Appoints Nathan Smith as Chief Operating Officer
PR Newswire - before 4 hours & 11 minute
Gstarsoft présente ses solutions intégrées CAO et BIM au BIM World Paris 2026
PR Newswire - before 7 hours & 15 minute
Roland DGA Announces North American Launch of VersaOBJECT LO-640-F3 UV Flatbed Printer
PR Newswire - before 9 hours & 38 minute
Fuel Shock Forces Airlines Into Emergency Mode
OILPRICE - before 9 hours & 35 minute
TriNetX Collaborates with Regeneron to Access De-Identified Electronic Health Records of 300 Million Patients to Drive Research and Product Development in Life Sciences and Digital Health Solutions
PR Newswire - before 11 hour & 4 minute


Latest News

How New Yorkers Spend, Splurge and Scrimp to Live in the City

before 25 minute

iQIYI Launches Nadou Pro, China's First AI Agent for Professional Film and TV Production

before 35 minute

Japan’s JERA Cancels Long-Term LNG Deal With Commonwealth

before 45 minute

Africa: All of Africa Today - April 3, 2026

before 46 minute

UnionPay Launches Agentic Payment Open Protocol Framework: Building an Open, Trusted Smart Payment Ecosystem

before hour & 27 minute

South Africa: Two Killed in N1 Collision Amid Easter Rush - South African News Briefs - April 3, 2026

before hour & 39 minute

HSG Laser Showcases at Global Industrie 2026: Demonstrating Technological Leadership

before hour & 44 minute

Oil Majors Eye U.S. Offshore Asset as Supply Crunch Intensifies

before hour & 54 minute

Rwanda: IMF Agrees $250m Support to Help Rwanda Handle Economic Shocks

before hour & 54 minute

Mozambique: Frelimo Demands Measures to Deal With Fuel Crisis

before 2 hours & 25 minute

ISHIHARA SANGYO KAISHA renueva su identidad corporativa y presenta su nuevo eslogan

before 2 hours & 32 minute

Sudan: Sudan Urged to Lift Constraints On Aviation Revenues As Khartoum Airport Reopens

before 2 hours & 44 minute

KuCoin Named Only Global Exchange to Participate in CBN Virtual Asset Supervisory Pilot, Reinforcing Global Compliance Strategy

before 3 hours & 6 minute

TriNetX collabore avec Regeneron pour accéder aux dossiers médicaux électroniques dépersonnalisés de 300 millions de patients afin de stimuler la recherche et le développement de produits dans le domaine des sciences de la vie et des soluti

before 3 hours & 39 minute

daydream привлекает 15 млн долларов в рамках раунда финансирования серии A для создания лучшего в мире SEO-агентства на базе искусственного интеллекта

before 3 hours & 55 minute