Indostar Capital Finance has raised Rs 150 crore through allotment of 1,500 Series XXXIII Tranche A Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of Face Value of Rs 10 lakh each, for cash at par, on Private Placement Basis.
The Debenture Committee of the Board of Directors of the Company at its meeting held on February 25, 2019 has approved the same.
IndoStar Capital Finance is a non-banking finance company ‘NBFC’ registered with the Reserve Bank of India as a systemically important non-deposit taking company.
