Through private placement of NCDs
Capital First announced that the Debenture Committee of the Company vide Resolution passed by Circulation today i.e. March 22, 2018, inter alia approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures ('NCDs')
1. The Company has raised Rs. 89.88 crore by issue of NCD's on private placement basis.
2. The Debenture Committee vide Resolution passed by Circulation on 22 March 2018 has inter - alia approved allotment of 890 NCDs having Face Value of Rs. 10,00,000/- (Rupees Ten Lacs Only) each.
The said NCDs shall be listed on National Stock Exchange of India.
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