Capital First has received an approval for issue of rated, listed, secured, redeemable, non-convertible debentures (NCDs) of Rs 500 crore with a Green Shoe Option of Rs 200 crore on private placement basis. The Debenture Committee constituted by the board of directors of the company at its meeting held on April 05, 2017, 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.
