By Tali Rackner
Norfolk, Va., June 30 – Capital First Ltd. informed the Bombay Stock Exchange that it raised Rs. 550 million of secured nonconvertible debentures at price of Rs. 1 million each.
The 550 debentures, which will be rated and listed, were issued in a private placement, according to a notice.
The issue was approved at board meeting held Thursday.
The notes will be listed on the National Stock Exchange of India Ltd.
Capital First is a Mumbai, India-based consumer and wholesale business financial services provider.
| Issuer: | Capital First Ltd.
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| Issue: | Secured nonconvertible debentures
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| Amount: | Rs. 550 million
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| Allotment date: | June 30
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