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India’s Capital First committee OKs Rs. 150 million of debentures
By Wendy Van Sickle
Columbus, Ohio, Oct. 23 – Capital First Ltd.’s board of directors’ debenture committee on Friday approved the private placement of Rs. 150 million of secured, redeemable, nonconvertible debentures, according to a notice with the Bombay Stock Exchange.
The company also said it has fully raised Rs. 150 million via another private placement of nonconvertible debentures.
Capital First is a financial services provider based in Mumbai.
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