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Published on 11/19/2015 in the Prospect News Emerging Markets Daily.

India’s Capital First OKs Rs. 250 million of nonconvertible debentures

By Tali Rackner

Norfolk, Va., Nov. 19 – Capital First Ltd. informed the Bombay Stock Exchange that its board of directors met on Thursday and approved an issue of Rs. 250 million of listed, rated, unsecured, redeemable, nonconvertible debentures.

The debentures will be issued on a private placement basis.

Capital First is a financial services provider based in Mumbai.


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