India’s Capital First board to discuss issue of nonconvertible debt

By Sarah Lizee

Olympia, Wash., Aug. 21 – Capital First Ltd. informed the Bombay Stock Exchange that the debenture committee of its board of directors will meet on Thursday to consider a private placement of redeemable nonconvertible securities.

The rated and listed securities will be secured, unsecured, and/or perpetual.

The debt 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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