Capital First Ltd allots Non Convertible Debentures

The Debenture Committee constituted by the Board of Directors of Capital First Ltd vide Resolution passed by Circulation on September 23, 2014, approved the allotment of Series 4, Unsecured, Non Convertible, Perpetual Debentures ("NCD's").

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

The Debenture Committee vide Resolution passed by Circulation on September 23, 2014 has inter - alia 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.296.55 as compared to the previous close of Rs. 312.65. The total number of shares traded during the day was 78340 in over 3228 trades.

The stock hit an intraday high of Rs. 315 and intraday low of 295. The net turnover during the day was Rs. 23612628.

Source : Equity Bulls

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