India’s Capital First board to consider nonconvertible debentures

By Wendy Van Sickle

Columbus, Ohio, March 30 – Capital First Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Wednesday to consider an offering of perpetual redeemable nonconvertible securities.

The debentures, which will be rated and listed, will be issued in a private placement.

The securities will be listed on the debt market segment of the National Stock Exchange of India Ltd.

Capital First is a Mumbai, India-based consumer and wholesale business financial services provider.

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