New Delhi, Nov 16 (PTI) Home First Finance Company India on Tuesday said it is planning to raise up to Rs 99 crore by issuing bonds on a private placement basis.

"A meeting of the committee of directors of the company is scheduled to be held on Monday, November 22, 2021," the non-banking financial company said in a regulatory filing.

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Under this, the company plans to issue secured, redeemable and taxable non-convertible debentures on a private placement basis, in one or more tranches up to Rs 99 crore, it added.

Shares of Home First Finance Company India on Tuesday closed at Rs 736.55 apiece on the BSE, up 0.44 per cent from the previous close. HRS hrs

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)