Capital First board OKs Rs. 1.5 billion of nonconvertible debt

By Wendy Van Sickle

Columbus, Ohio, May 19 – India’s Capital First Ltd.’s board of directors approved the allotment of Rs. 1.5 billion secured redeemable nonconvertible debentures by private placement on Friday, according to a Bombay Stock Exchange notice.

The debentures will be rated and listed on the National Stock Exchange of India Ltd.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.