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India’s Capital First board OKs Rs. 3.5 billion of nonconvertible debt
By Tali Rackner
Norfolk, Va., March 10 – Capital First Ltd. informed the Bombay Stock Exchange that its board of directors approved an issue of Rs. 3.5 billion of rated, listed, secured, redeemable, nonconvertible debentures.
The debentures will be issued on a private placement basis.
Capital First is a Mumbai, India-based consumer and wholesale business financial services provider.
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