Capital First has received approval for issue of Rated, Unlisted, Secured, Redeemable, Non-Convertible Debentures (NCDs) worth Rs 340 crore on a private placement basis. The date of allotment is May 03, 2018, with tenure of 5 years and the date of maturity is May 15, 2023. The Debenture Committee of the company at its meeting held on April 26, 2018, approved 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.
