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Published on 10/29/2015 in the Prospect News Emerging Markets Daily.

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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