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CSL Finance raises Rs 10 crore through NCDs

20 Oct 2020 Evaluate

CSL Finance has raised Rs 10 crore through secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) and allotted 100 NCDs having face value of Rs 10,00,000 each on Private Placement basis. The board of directors at its meeting held on October 20, 2020 has approved and allotted 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.

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