Future Consumer defaults on Rs 51.85 cr payment towards debentures

Future Consumer Ltd NSE 2.94 % (FCL) has defaulted on the payment of Rs 51.85 crore towards principal and interest due on non-convertible debentures, a regulatory filing said on Tuesday.

The default which happened on August 15, 2022, includes an interest amount of Rs 10.73 crore and a principal amount of Rs 41.12 crore, FCL said a regulatory filing.