Bigul

Bankruptcy proceedings against FRL extended by 90 days

Exactly six months have passed and bankruptcy proceedings are still in the initial stages with expressions of interest being received from 13 parties
23-01-2023
Bigul

Future Enterprises Ltd - 523574 - Updates On Payment Of Obligations Under One Time Resolution Plan (OTR Plan)

Updates on payment of obligations under One Time Resolution Plan (OTR Plan)
31-12-2022
Bigul

Future Enterprises Ltd - 523574 - Closure of Trading Window

Intimation of Closure of Trading Window for trading in securities of the Company
31-12-2022

Future Enterprises defaults on Rs 86.18 lakh interest payment for NCDs

Debt-ridden Future Enterprises Ltd (FEL) on Thursday said it has defaulted on interest payment of Rs 86.18 lakh for its non-convertible debentures. The due date for payment was December 21, 2022, it said in a regulatory filing. "The Company is unable to service its obligations in respect of the interest on Non-Convertible Debentures... due on December 21, 2022," it said. The debentures have a coupon rate of 9.55 per cent per annum. FEL has defaulted on interest payments for the period from June 21, 2022, to December 20, 2022. The total amount of securities issued was Rs 18 crore. Lenders of FEL have also appointed an auditor for conducting a forensic audit of the firm. In recent times, the company has defaulted on payment of interest on several non-convertible debentures. It is engaged in the business of manufacturing, trading, leasing of assets and logistics services. It used to develop, own and lease the retail infrastructure for the Future Group.
22-12-2022
Bigul

Future Enterprises defaults on 6.07 crore interest payment for NCDs

FEL has defaulted on interest payments for the period from June 20, 2022, to December 18, 2022
21-12-2022
Bigul

Future Enterprises Ltd - 523574 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vistra ITCL (India) Ltd
16-12-2022
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