Capital First Ltd approves issue of debentures

The Debenture Committee constituted by the Board of Directors of Capital First Ltd at its meeting held on December 15, 2015, has approved a issue of Rated, Listed, Unsecured, Redeemable, Non-Convertible Subordinated securities in the nature of Debentures (TIER II Instruments) of INR 20,00,00,000/- (INR Twenty Crores) plus Green Shoe Option of INR 30,00,00,000/- (INR Thirty Crores) on private placement basis.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.383.1 as compared to the previous close of Rs. 377.3. The total number of shares traded during the day was 6003 in over 233 trades.

The stock hit an intraday high of Rs. 384.1 and intraday low of 376.5. The net turnover during the day was Rs. 2289136.

Source : Equity Bulls

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