India’s Capital First approves Rs. 2.1 billion debenture issue

By Tanya Meyer

Chicago, Jan. 22 – Capital First Ltd. announced its debenture committee approved the issuance of Rs. 2.1 billion in secured, redeemable, non-convertible debentures on a private placement basis, according to a filing with the Bombay Stock Exchange.

The debentures, with a face value of Rs. 1 million each, will be listed on the wholesale debt segment of the National Stock Exchange of India Ltd.

Capital Trust is a New Delhi, India-based loan and finance company.

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