Future Lifestyle Fashions to raise over Rs 600cr from promoters, IFC

The board of directors of the company at its meeting held on Thursday also approved an enabling resolution to raise Rs 400 crore through issue of of non-convertible debentures (NCDs) or other securities on private placement basis in one or more tranches within a period of one year, Future Lifestyle Fashions Ltd (FLFL) said in a regulatory filing.

from Moneycontrol Business News https://ift.tt/39T4kcT