Through private placement of NCDs
Capital First announced that the Debenture Committee of the Company vide Resolution passed by Circulation on 10 July 2018, inter alia approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures ('NCDs') -1. The Company has raised Rs. 50 crore by issue of NCD's on private placement basis.
2. The Debenture Committee vide Resolution passed by Circulation today i.e. July 10, 2018 has inter - alia approved allotment of 500 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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