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Capital First allots NCDs aggegating Rs 170.20 crore

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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 on 19 July 2016, inter alia approved the allotment of Rated, Listed, Secured, Non-Convertible Debentures ("NCDs").

1. The Company has raised Rs. 170,20,00,000/- (Rupees One Hundred and Seventy Crores Twenty Lacs only) by issue of NCD's on private placement basis.

2. The Debenture Committee vide Resolution passed by Circulation on 19 July 2016 has inter - alia approved allotment of 1,702 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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First Published: Jul 19 2016 | 5:27 PM IST

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