Redemption of Convertible Debentures issued by Future Retail Limited to Brand Equity Treaties Limited

| Updated on August 22, 2014 Published on August 22, 2014

Future Retail Ltd has informed BSE that as per redemption notice received from Brand Equity Treaties Limited in accordance with the terms of debenture subscription agreement as amended by the amendment agreement dated August 14, 2014 executed between the Company and Brand Equity Treaties Limited, the Company has redeemed 1,500 Convertible Debentures of Rs. 10,00,000 each, aggregating to Rs. 150 crore, issued to Brand Equity Treaties Limited.

Source : BSE - >www.bseindia.com

Published on August 22, 2014
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