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Capital First allots NCDs aggregating Rs 475 crore

Capital Market 

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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 14 2017. 19:05 IST