IndoStar Capital Finance has informed that the Debenture Committee of the Board of Directors at its meeting held on August 22, 2014, considered and approved the issue of Rated, Secured, Redeemable, Non-Convertible Debentures (NCDs) of INR 10 lac each for cash at par for an aggregate amount of INR 120 Crore, to be issued in one or more tranches and series on private placement basis (issue), and approved the said NCDs shall be listed on the Wholesale Debt Market Segment of Bombay Stock Exchange of India Limited.
The above information is a part of company’s filings submitted to BSE.