India’s Capital First raises Rs. 11.6 billion via nonconvertible debt

By Tali Rackner

Minneapolis, March 27 – Capital First Ltd. informed the Bombay Stock Exchange that it raised Rs. 11.6 billion by issuing secured redeemable nonconvertible debentures.

The debenture committee of the company approved the allotment on Tuesday.

The 11,600 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.

© 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.