On 29 January 2015
Capital First announced that the Debenture Committee constituted by the Board of Directors of the Company vide Resolution passed by Circulation on 29 January 2016, inter alia has approved the allotment of Listed, Rated, Redeemable, Transferable, Secured, 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 on 29 January 2016 has inter alia approved allotment of 500 NCDs having the Face Value of Rs. 10,00,000/- (Rupee Ten Lacs Only) each.
The said NCDs shall be listed on National Stock Exchange of India - Wholesale Debt Segment.
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