Capital First allots NCDs aggregating Rs 475 crore
On private placement basis
Capital First announced that the Debenture Committee constituted by the Board of Directors of the Company vide Resolution passed by Circulation in 14 July 2017, inter alia approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures ('NCDs')1. The Company has raised Rs. 475 crore by issue of NCD's on private placement basis.
2. The Debenture Committee vide Resolution passed by Circulation on 14 July 2017 has inter - alia approved allotment of 4750 NCDs having Face Value of Rs. 10,00,000/- (Rupees Ten Lacs Only) each.
The said NCDs shall be listed on National Stock Exchange of India.
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