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Indian-Commodity  :  Corporate  :  Capital First raises Rs 140 crore on private placement basis

Capital First raises Rs 140 crore on private placement basis (27-Jul-2017)

Capital First has raised Rs 140 crore by issue of NCD's on private placement basis. The Debenture Committee constituted by the board of directors of the company through Resolution passed by Circulation on July 26, 2017, has approved the allotment of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs). The said NCDs shall be listed on National Stock Exchange of India.

Capital First is an MSME and consumer financing company which provides debt financing to these segments and also offers home loans, two wheeler loans and durable loans to entry and mid-level salaried employees of corporates.




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