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Capital First raises Rs. 500 million via issue of perpetual debentures
By Tali Rackner
Norfolk, Va., Sept. 23 – Capital First Ltd. informed the Bombay Stock Exchange that its board of directors approved the allotment of series 4 unsecured nonconvertible perpetual debentures and it raised Rs. 500 million through the private placement of those debentures.
They will be listed on the National Stock Exchange of India Ltd.
Capital First is based in Mumbai.
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