Redemption of Optionally Convertible Debentures (OCDs)
Future Retail Ltd has informed BSE that as per redemption notice received from IFCI Limited in accordance with the terms of OCD subscription agreement as amended by the amendment agreement dated August 08, 2014 executed between the Company and IFCI Limited, the Company has redeemed 1,000 Optionally Convertible Debentures (OCDs) (Series 1) of Rs.10,00,000 each, aggregating to Rs. 100 crore, issued to IFCI Limited.31-12-2014