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India's Capital First board OKs up to Rs. 10 billion nonconvertibles
By Tali David
Minneapolis, March 12 - Capital First Ltd. informed Bombay Stock Exchange that its board of directors has inter alia approved a proposed issue of series 2 unsecured nonconvertible debentures for an aggregate amount up to Rs. 10 billion.
The debentures will be issued on a private placement basis.
Capital First is based in Mumbai.
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