MoneyWorks4Me

CSL Finance gets nod to raise Rs 10 crore via NCDs

14 Oct 2020 Evaluate

CSL Finance has received approval to raise Rs 10 crore on private placement basis and issuance of secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) through Electronic Book Mechanism. The company’s board has approved the same at its meeting held on October 13, 2020.

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