Future Enterprises : Outcome Board Meeting 02.02.2017

FEL

Dept. of Corporate Services (CRD) BSE Limited

Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001

Listing Department

National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra (East), Mumbai 400 051

Dear Sirs,

Ref,: Regulation 30 of of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

A meeting of Board of Directors of the Company was held today , 2nd February, 2017 and the Board inter alia has approved the following :

1. Authority to issue of Secured Redeemable Non-Convertible Debentures (NCDs) for a value upto 1,500 Crore in one or more tranches within a period of one year . subject to approval by the members;

2. Undertaking the process of postal ballot for seeking approval of the Shareholders in respect of the Sr. No. 1 mentioned above .

3. Mr. Anil Harish, Non-Executive and Independent Director has been appointed as the Chairman of the Nomination and Remuneration Committee of the Company .

Kindly take the above information on your records Thanking you ,

Yours truly

! = Limited

Future Enterprises Ltd. { formerly - Future Retai l limit ed). Knowledge House . Shyam Nagar Off Jogeshwari - Vikhroli Link Road . Jogeshwari (East) . Mumbai - 400 060

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