Capital First Ltd allots NCDs worth Rs. 100 crores

The Debenture Committee constituted by the Board of Directors of Capital First Ltd vide Resolution passed by Circulation on September 15, 2016, approved the allotment of Rated, Listed, Secured, Redeemable Non-Convertible Debentures ("NCDs")

The Company has raised Rs. 100,00,00,000/- (Rupees Hundred Crores only) by issue of NCD's on private placement basis.

The Debenture Committee vide Resolution passed by Circulation on September 15, 2016 has inter - alia approved allotment of 1000 NCDs having Face Value of Rs. 10,00,000/- (Rupees Ten Lacs Only) each.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.691.05 as compared to the previous close of Rs. 678.65. The total number of shares traded during the day was 19106 in over 908 trades.

The stock hit an intraday high of Rs. 697.95 and intraday low of 680.1. The net turnover during the day was Rs. 13178316.

Source : Equity Bulls

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