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Capital First to issue NCDs

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Capital Market

Aggregating Rs 50 crore

Capital First announced that the Debenture Committee constituted by the Board of Directors of the Company vide Resolution passed by Circulation on 23 September 2014, inter alia approved the allotment of Series 4, Unsecured, Non Convertible, Perpetual Debentures (NCD's).

1. The Company has fully raised Rs. 50 crore by issue of NCD's on private placement basis.

2. The Debenture Committee vide Resolution passed by Circulation on 23 September 2014 has inter - alia approved allotment of 500 NCDs having the Face Value of Rs. 10,00,000/- (Rupees Ten Lacs Only) each.

3. The said NCDs shall be listed on National Stock Exchange of India.

 

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First Published: Sep 23 2014 | 8:11 PM IST

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