Capital First Ltd approves issue of PDI worth Rs. 50 crores

The Debenture Committee constituted by the Board of Directors of Capital First Ltd at its meeting held on September 18, 2014, has approved a proposed issue of Unsecured, Non-Convertible Perpetual Debentures (Perpetual Debt Instruments-PDI) in one or more tranches, for an aggregate amount of Rs. 50 Crore (Rupees Fifty Crore only) on private placement basis.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.330.55 as compared to the previous close of Rs. 303. The total number of shares traded during the day was 181766 in over 6672 trades.

The stock hit an intraday high of Rs. 332.8 and intraday low of 306.2. The net turnover during the day was Rs. 59092673.

Source : Equity Bulls

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