Capital First approves issue of debentures

The Debenture Committee constituted by the Board of Directors of Capital First Ltd at its meeting held on December 29, 2015, has approved a issue of Listed, Rated, Redeemable, Transferable, Unsecured, Non-Convertible Subordinated Debentures (Tier II) ("NCD") of INR 25,00,00,000/- (INR Twenty Five Crores) plus Green Shoe Option of INR 25,00,00,000/- (INR Twenty Five Crores) on private placement basis.

Shares of CAPITAL FIRST LTD. was last trading in BSE at Rs.413.9 as compared to the previous close of Rs. 414.25. The total number of shares traded during the day was 17722 in over 713 trades.

The stock hit an intraday high of Rs. 421 and intraday low of 412. The net turnover during the day was Rs. 7388445.

Source : Equity Bulls

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