Capital First has received an approval for the proposed issue of Unsecured Redeemable Non-Convertible Subordinated Debentures in one or more tranches, for an aggregate amount up to Rs 50 crore to be issued on private placement basis. The Debenture Committee constituted by the Board of Directors of the company at its meeting held on May 03, 2013 has approved for the same.
Capital First, formerly Future Capital Holdings, is amongst the fastest growing financial services company in India, with presence in asset advisory, retail financial services and proprietary research.