Future Enterprises defaults on ₹4.10 crore interest payment

Future Enterprises, a part of Future Group, on Saturday said it defaulted on an interest payment of ₹4.10 crore due on non-convertible debentures. The interest payment is due for a principal amount of ₹40 crore, Future Enterprises said in a regulatory filing. The firm had earlier defaulted on another interest payment of ₹6.07 crore.