India’s Capital First raises Rs. 750 million of non-convertibles

By Wendy Van Sickle

Columbus, Ohio, Oct. 30 – Capital First Ltd. has fully raised Rs. 750 million of listed, rated, secured, redeemable, non-convertible debentures on a private placement basis, according to a Friday notice with the Bombay Stock Exchange.

The company allotted 750 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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