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Capital First raises Rs 700 crore through NCDs

Capital First raises Rs 700 crore through NCDs

Thursday, April 6, 2017, 11:38 AM

Capital First, a debt financier to micro, small and medium enterprises, was to raise Rs 700 crore through Non-Convertible Debentures (NCDs) for business expansion. The Debenture Committee vide resolution was passed on April 05, 2017 and approved allotment of 5000 NCDs with face value of Rs 10 lakh each. The NCDs are to be listed on NSE.
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