By Tali Rackner
Norfolk, Va., Oct. 28 – Capital First Ltd. informed the Bombay Stock Exchange that it approved the allotment of Rs. 2.95 billion of secured redeemable nonconvertible debentures.
The 2,950 debentures, which will be rated and listed, will be issued in a private placement at a price of Rs. 1 million each.
The notes will be listed on the National Stock Exchange of India Ltd.
Capital First is a Mumbai-based consumer and wholesale business financial services provider.
| Issuer: | Capital First Ltd.
|
| Issue: | Secured redeemable nonconvertible debentures
|
| Amount: | Rs. 2.95 billion
|
| Allotment date: | Oct. 28
|
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