Capital First (CFL) has received an approval for issue of Rated, Listed, Unsecured, Redeemable, Non-Convertible Subordinated securities in the nature of Debentures (TIER II Instruments) worth Rs 25 crore on private placement basis. The debenture committee constituted by the board of directors of the company at its meeting held on November 19, 2015 has approved for the same.
Capital First is an MSME and consumer financing company which provides debt financing to these segments and also offers home loans, two wheeler loans and durable loans to entry and mid-level salaried employees of corporates.
