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Capital First informs outcome of board meeting

08 Feb 2013 Evaluate

Capital First has informed that the debenture committee constituted by the board of directors of the company at its meeting held on February 07, 2013, has approved a proposed issue of secured redeemable non-convertible debentures (NCDs) in one or more tranches, for an aggregate amount upto Rs 450 Crore (Rupees Four Hundred Fifty Core Only) and unsecured redeemable non-convertible subordinated debentures in one or more tranches, for a aggregate amount upto Rs.100 Crore to be issued on private placement basis.

The above information is a part of company’s filings submitted to BSE.

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