Future Enterprises defaults on bond interest payment - ET Retail
Future Enterprises defaults on bond interest payment – ET Retail
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NEW DELHI: Kishore Biyani-led Future Enterprises Ltd (FEL) on Thursday said it has defaulted on interest payment of non-convertible debentures.
“The company is unable to service its obligations in respect of the interest on non-convertible debentures (NCDs) due on August 16, 2020, since August 16, 2020 was holiday, interest was due on 17 August 2020,” Future Enterprises Ltd said in a regu…
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