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India’s Capital First raises Rs. 898.85 million redeemable debentures
By Sarah Lizee
Olympia, Wash., March 22 – Capital First Ltd. informed the Bombay Stock Exchange that it raised Rs. 898,851,050 in secured redeemable nonconvertible debentures.
The debenture committee of the company approved the allotment on Thursday.
The debentures, with a face value of Rs. 1 million each, will be listed on 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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