Future Retail has allotted non-convertible debentures (NCDs) totaling Rs 750 crore on private placement basis. The committee of directors of the company has approved the allotment of 7,500 NCDs of Rs 10 lakh each, Future Retail said in a BSE filing.
"The committee at its meeting held today considered, approved and allotted 7,500, 10.10 percent secured redeemable NCDs of Rs 10 lakh each, aggregating to Rs 750 crore, on private placement basis," it added.
The NCDs shall be listed on the Wholesale Debt Market segment of the BSE, the filing said.
In the last two days, Future Retail had allotted NCDs totaling Rs 120 crore.