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Capital First raises funds worth Rs 350 crore

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Capital Market
Last Updated : Aug 04 2015 | 7:47 PM IST

Through issue of NCDs 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 on 04 August 2015, inter alia approved the allotment of Listed, Rated, Secured, Redeemable, Non-Convertible Debentures ("NCD's").

1. The Company has fully raised Rs. 350 crore by issue of NCD's on private placement basis.

2. The Debenture Committee vide Resolution passed by Circulation on August 04, 2015 has inter - alia approved allotment of 3500 NCDs having the Face Value of Rs. 10 lakh each.

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

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First Published: Aug 04 2015 | 6:27 PM IST

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