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India’s Capital First committee OKs Rs. 750 million of debentures
By Wendy Van Sickle
Columbus, Ohio, Oct. 29 – Capital First Ltd.’s board of directors’ debenture committee on Thursday approved the private placement of Rs. 750 million of secured, redeemable, nonconvertible, subordinated debentures, according to a notice with the Bombay Stock Exchange.
There is also a Rs. 250 million greenshoe option.
Capital First is a financial services provider based in Mumbai.
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