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Indostar Capital Finance raises Rs 15 crore via NCDs

18 Mar 2019 Evaluate

Indostar Capital Finance has raised Rs 15 crore through allotment of 150 Series XXXIII Tranche C Secured, Rated, Listed, Redeemable, Principal Protected, Non-Convertible Debentures (NCDs) of Face Value of Rs 10 lakh each, for cash at par, on Private Placement Basis.

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.

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