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India’s Capital First board OKs Rs. 800 million nonconvertible debt
By Sarah Lizee
Olympia, Wash., Sept. 18 – Capital First Ltd. informed the Bombay Stock Exchange that the debenture committee of its board of directors approved an Rs. 800 million private placement of unsecured redeemable nonconvertible perpetual debentures.
The debt will be rated and listed on National Stock Exchange of India Ltd.
Capital First is a Mumbai, India-based consumer and wholesale business financial services provider.
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