Capital Trust has received an approval for raising funds through various options including Qualified Institutional Placement/Preferential Allotment, Convertible and Non-Convertible Debentures, subject to approval of members in their General Meeting. The board of directors at its meeting held on May 23, 2017 has approved for the same.
The board also approved for takeover of a company registered under Companies Act, 2013 and to register it as a Housing Finance Company with the National Housing Bank subject to approval of various statutory authorities.
Capital Trust one of the pioneers in offering consultancy services to foreign banks, not having their own branches or representative office. The company undertook the activity of leasing and hire purchase and financed items like plant and equipment, machinery, office equipment, generators, two wheelers and other assets.
