Capital First Ltd approves allotment of NCDs

The Debenture Committee constituted by the Board of Directors of Capital First Ltd vide Resolution passed by Circulation on January 29, 2016, has approved the allotment of Listed, Rated, Redeemable, Transferable, Secured, Non-Convertible debentures ("NCDs").

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

The Debenture Committee vide Resolution passed by Circulation on January 29, 2016 has approved allotment of 500 NCDs having the Face Value of Rs. 10,00,000/- (Rupee Ten Lacs Only) each.

The said NCDs shall be listed on National Stock Exchange of India Limited - Wholesale Debt Segment.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.395 as compared to the previous close of Rs. 390.5. The total number of shares traded during the day was 7618 in over 455 trades.

The stock hit an intraday high of Rs. 407 and intraday low of 393. The net turnover during the day was Rs. 3033905.

Source : Equity Bulls

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