Capital First has received approval for raising funds through issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) worth Rs 75 crore plus Green Shoe Option worth Rs 75 crore on private placement basis. The date of allotment is June 27, 2018, and the tenure of 1099 days and has a maturity on June 30, 2021.
The meeting of Debenture Committee of the company held on June 25, 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.
