India’s Capital First raises Rs. 3 billion nonconvertible debentures

By Tali Rackner

Norfolk, Va., Aug. 13 – Capital First Ltd. informed the Bombay Stock Exchange that it has fully raised Rs. 3 billion of listed, rated, secured, redeemable, nonconvertible debentures on a private placement basis.

The company allotted of 3,000 of the debentures with the face value of Rs. 1 million each.

They will be listed on the National Stock Exchange of India Ltd.

Capital First is a financial services provider based in Mumbai.

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