On January 9, 2024, Edelweiss Financial Services unveiled its public offering of secured redeemable non-convertible debentures. There are 10 sets of NCDs featuring fixed coupons and varying tenures of 24 months, 36 months, 60 months, and 120 months, offering annual, monthly, and cumulative interest options. The effective annual yield for these NCDs falls within the range of 8.94 per cent …
Kishore Biyani's Future Enterprises announced defaulting on over ₹15.73 crore interest dues on non-convertible debentures. As per the regulatory filing, Future Enterprises defaulted on interest dues of more than ₹15.73 crore for period from March 21, 2022 to September 19, 2022. While the gross principal amount on which Future Enterprises defaulted is ₹327 crore --- of which ₹130.60 crore is …
