Capital First has raised Rs 300 crore by issuing non-convertible debentures (NCDs) on private placement basis.
"The company has raised Rs 300 crore by issue of NCDs on private placement basis. The Debenture Committee has approved allotment of 3,000 NCDs having the face value of Rs 10 lakh each," it said in a regulatory filing today.
It said NCDs shall be listed on Wholesale Debt Segment at NSE.
Capital First is a Non Banking Financial Company (NBFC) and caters to meet multiple financial needs of customers including consumer lending and corporate lending.
Shares of Capital First closed at Rs 426.75 apiece on BSE today, up 2.5 per cent from previous close.
