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Capital First allots NCDs aggregating Rs 140 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 26 July 2017, inter alia approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures ('NCDs')

1. The Company has raised Rs. 140 crore by issue of NCD's on private placement basis.

2. The Debenture Committee vide Resolution passed by Circulation on 26 July 2017 has inter - alia approved allotment of 1400 NCDs having Face Value of Rs. 10 lakh each.

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

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First Published: Jul 26 2017 | 8:13 PM IST

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