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Capital First allots equity shares to Caladium Investment

by December 14, 2016 General

On preferential basis

Capital First announced that the Board of Directors of the Company vide Resolution passed by Circulation on 14 December 2016, inter-alia approved the allotment of 47,80,000 Equity of Rs. 10/- each of the Company on a preferential basis, pursuant to receipt of subscription amount of Rs. 340.67 crore issued at a price of Rs. 712.70/- per Equity Share (face value of Rs. 10/- each and premium of Rs. 702.70/- per share) to Caladium Investment, which is indirectly wholly-owned by GIC (Ventures), a Singapore’s Sovereign Wealth Fund.

The said equity shall be listed on National Stock Exchange of India and BSE.

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