MoneyWorks4Me

IndoStar Capital Finance informs about outcome of board meeting

16 Mar 2017 Evaluate

IndoStar Capital Finance has informed that Board of Directors of the Company at their meeting held on March 15, 2017 considered and approved further issue of up to 5,003,300 equity shares of face value of Rs 10 per equity share, aggregating up to Rs 150.09 Crores, by way of preferential offer to person(s) / entities, other than the existing Members of the Company, subject to the approval of the Members of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers