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Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep

Future Enterprises defaults on principal amount of Rs 126.13 cr in Sep
New Delhi: 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 […]

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