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Capri Global Capital Limited Announces Draft Prospectus for Debenture Issuance

Story Highlights
  • Capri Global Capital Limited plans to issue non-convertible debentures worth ₹400 Crore.
  • This issuance is part of a larger strategy to raise up to ₹1,000 Crore, boosting financial standing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Capri Global Capital Limited Announces Draft Prospectus for Debenture Issuance

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An update from Capri Global Capital Limited ( (IN:CGCL) ) is now available.

Capri Global Capital Limited has announced the approval and adoption of a draft prospectus for a public issuance of non-convertible debentures, with a face value of ₹1,000 each, amounting to ₹400 Crore. This strategic move, approved by the Management Committee of the Board of Directors, is part of a larger plan to raise up to ₹1,000 Crore, potentially enhancing the company’s financial standing and market position.

More about Capri Global Capital Limited

Capri Global Capital Limited operates in the financial services industry, focusing on providing loans and financial solutions. The company is engaged in offering products such as non-convertible debentures, catering to a diverse market segment.

Average Trading Volume: 276,884

Technical Sentiment Signal: Buy

Current Market Cap: 182B INR

For a thorough assessment of CGCL stock, go to TipRanks’ Stock Analysis page.

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