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Capital First approves issue of NCDs upto Rs 450 cr

Capital First approved a proposed issue of Secured Redeemable Non-Convertible Debentures (NCDs) in one or more tranches, for an aggregate amount upto Rs 450 crore and Unsecured Redeemable Non-Convertible Subordinated Debentures in one or more tranches, for a aggregate amount upto Rs 100 crore to be issued on Private placement basis.

February 08, 2013 / 11:32 IST

Capital First Ltd has informed BSE that the Debenture Committee constituted by the Board of Directors of the Company at its meeting held on February 07, 2013, has inter alia approved a proposed issue of Secured Redeemable Non-Convertible Debentures (NCDs) in one or more tranches, for an aggregate amount upto Rs 450 Crore (Rupees Four Hundred Fifty Core Only) and Unsecured Redeemable Non-Convertible Subordinated Debentures in one or more tranches, for a aggregate amount upto Rs. 100 Crore to be issued on Private placement basis.Source : BSE

Read all announcements in Capital First

first published: Feb 8, 2013 11:32 am

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