Future Retail Update by Epic Research

Future Retail is planning to raise Rs 2,000 crore by issuing shares to promoters and investors. The company will raise Rs 400 crore through issue of shares and warrants on preferential basis to investors and promoters and about Rs 1,600 crore through issue of shares on rights basis. 75 percent of the total funds raised will be used to reduce debt.



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Posted in: Indian Market Tips