Capital First has raised Rs 100 crore by issue of non-convertible debentures (NCDs) on a private placement basis. The said NCDs shall be listed on National Stock Exchange of India. The Debenture Committee constituted by the board of directors of the company at its meeting held on December 21, 2016 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.
