Capital First to raise Rs 200 crore

NBFC Capital First today said it will raise Rs 200 crore by issuing non-convertible debentures.
"The Board of Directors of the company at its meeting held today approved a issue of rated, listed, secured, non-convertible securities in the nature of Debentures (NCD's) of Rs 100 crore plus green shoe option of Rs 100 crore on private placement basis," the company said in a BSE filing.
Capital First, a systematically important NBFC, is a provider of financial services across consumer and wholesale businesses.
Shares of the company closed 1.42 per cent higher at Rs 619.65 on BSE.