Future Enterprises Ltd - 523574 - Litigation - Update
Update on petition filed under Section 9 of Insolvency and Bankruptcy Code, 201601-11-2022
01-11-2022
Future Enterprises Ltd - 523574 - Litigation - Update
Intimation of petition filed under Section 9 of Insolvency and Bankruptcy Code, 201631-10-2022
Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep
Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks, under a one-time restructuring (OTR) scheme. Future Enterprises Ltd (FEL) had entered into the OTR scheme for COVID-hit companies with its consortium of banks and lenders on October 27, 2020, as per the RBI guidelines. The due date for payment of the principal amount of Rs 126.13 crore to various banks and lenders, who were part of OTR scheme, was on September 30, 2022. "The company was not able to discharge the aforesaid obligations to banks and lenders, on the Due Date," FEL said in a regulatory filing on Saturday. FEL has missed a deadline for payment of the principal amount of 12 non-convertible debentures (NCDs) totalling Rs 98.35 crore. These NCDs had Coupon Rates ranging between 9.25 per cent to 10.50 per cent. It has defaulted on principal repayment of a term loan of Rs 15.76 crore from30-10-2022
Future Enterprises Ltd - 523574 - Updates On Payment Of Obligations Under One Time Resolution Plan
Updates on payment of obligations under One Time Resolution Plan29-10-2022
Future Enterprises Ltd - 523574 - Intimation Under Regulation 51(2) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 [SEBI (LODR)]
Default in Payment of Interest due on Non-Convertible Debentures (NCDs)28-10-2022
Future Enterprises Ltd - 523574 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended September 30, 202215-10-2022
Future Enterprises Ltd - 523574 - Intimation Under Regulation 51(2) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 [SEBI (LODR)]
Default in Payment of Interest due on Non-Convertible Debentures (NCDs)14-10-2022
Future Enterprises Ltd - 523574 - Announcement under Regulation 30 (LODR)-Resignation of Director
Resignation Independent Director - Ms. Bala Deshpande13-10-2022
Future Enterprises Ltd - 523574 - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
Resignation of Company Secretary and Compliance Officer13-10-2022
Future Enterprises Ltd - 523574 - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
Resignation of Company Secretary and Compliance Officer12-10-2022