Capital India Finance Ltd — Updates, 28-07-2025: Company Update
28-07-2025 | 01:15 pm
28-07-2025 | 01:15 pm
Capital India Finance Limited (CIFL) has announced the successful issuance of ₹50 crore in listed, non-convertible debentures on a private placement basis. This strategic move aims to strengthen CIFL's funding base and support its ongoing business expansion. The company highlights that this diversifies its liability profile, reducing dependence on traditional funding sources and building a more resilient capital structure. Proceeds from these debentures, which have a 3-year tenor and a 9.55% annual coupon rate, will be used for onward lending, refinancing, existing debt repayment, and working capital, supporting sustainable growth and investor value.
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