Capital First to issue NCDs worth Rs. 25 crore

The Debenture Committee constituted by the Board of Directors of Capital First Ltd at its meeting held on March 12, 2013, inter alia, have approved a proposed issue of series 2, Unsecured, Non Convertible securities in the nature of Debentures (Perpetual Debt Instruments - PDI) of a face value of Rs. 10,00,000/- each aggregating up to Rs. 25,00,00,000/- (Rupees Twenty Five Crore only) to be issued on private placement basis.

Shares of Capital First Ltd last traded in BSE at Rs.157.85, down by Rs.0.45 or 0.28%. The stock hit an intraday high of Rs.159.50 and low of Rs.155.50.

The total traded quantity was 2820 compared to 2 week average of 10646.

Source : Equity Bulls

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