MoneyWorks4Me

CSL Finance planning to raise Rs 30 crore via NCDs

27 Jul 2020 Evaluate

CSL Finance is planning to raise Rs.30 crore through issuance of secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) aggregating on private placement basis. A meeting of the board of directors of the company is scheduled to be held on July 29, 2020 to consider and approve the same.

CSL Finance (formerly known as Consolidated Securities Limited) was incorporated as a limited company on December 1992. The company started its functions purely as a finance company in Delhi after obtaining the certificate of commencement of business on February 2, 1993.

Peers