Capital First has received an approval to raise funds through issuance of Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 50,00,00,000 plus Green Shoe Option of Rs 50,00,00,000 on private placement basis. The date of allotment is June 07, 2018.
The Debenture Committee at its meeting held on June 06, 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.