Future Enterprises’ board to meet on Saturday, to discuss raising funds

The board of Future Enterprises is meeting on Saturday to take a call on raising of funds.
In a notice to the stock exchanges, the company said that the board of directors would consider and evaluate proposals to raise funds by way of issuance of bonds including debentures/non-convertible debt instruments/securities and/or any other instruments / securities, including through private placement or through any other permissible mode or any combination thereof, as may be decided by the board.

A source said the board would also look at the proposal to merge three other listed entities of the Future group with FEL.