Capital India Finance has received approval for raising funds up to an amount not exceeding Rs 1,000 crore, through issuance, offer and allotment of Non-Convertible Debentures (NCDs) / debt securities on private placement basis. The Board of Directors of the company at their meeting held on June 2, 2018, approved the same.
The board has also given approval for raising funds of up to Rs 500 crore through issuance, offer and allotment of securities, including equity shores, convertible preference shores, convertible debentures, Global Depository Receipts (GDRs), American Depository Receipts (ADRs) etc., by way of Qualified Institutions Placement (QIP) or through any other method.
Capital India is an India-focused, integrated financial services platform.
