Capital First has raised Rs 200 crore by issue of Non-Convertible Debentures (NCDs) on private placement basis. The Debenture Committee constituted by the board of directors of the company through Resolution passed by Circulation on August 24, 2017, has approved the allotment of Rated, Listed, Unsecured, Redeemable, Non-Convertible Subordinated Debentures (Tier II) (NCDs). The said NCDs shall be listed on National Stock Exchange of India.
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.
