Capital First Ltd allots Non Convertible Debentures worth Rs. 50 crores

The Debenture Committee constituted by the Board of Directors of Capital First Ltd vide Resolution passed by Circulation on September 29, 2015, approved the allotment of Listed, Rated, Redeemable, Unsecured, Non-Convertible Subordinated Debentures (Tier II).

The Company has fully raised Rs. 50,00,00,000/- (Rupees Fifty Crores Only) by issue of NCD's on private placement basis.

The Debenture Committee vide Resolution passed by Circulation on September 29, 2015 has approved allotment of 500 NCDs having the Face Value of Rs. 10,00,000/- (Rupees Ten Lacs Only) each.

The said NCDs shall be listed on National Stock Exchange of India Limited.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.361.45 as compared to the previous close of Rs. 356. The total number of shares traded during the day was 14171 in over 720 trades.

The stock hit an intraday high of Rs. 364 and intraday low of 349.95. The net turnover during the day was Rs. 5064141.

Source : Equity Bulls

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