Warburg Pincus, HDFC buy fresh shares in Capital First
Indian non-banking financial company (NBFC) Capital First is raising INR1.78 billion via preferential allotment of shares to existing investors Warburg Pincus and HDFC Standard Life Insurance.
According to a regulatory filing, promoter Warburg Pincus - which will continue to hold a 71.9% stake following the transaction - will put in INR1.28 billion by subscribing to 8.3 million shares at INR153.8...
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