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.