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IndoStar Capital Finance allots NCDs worth Rs 25 crore

26 Nov 2019 Evaluate

IndoStar Capital Finance has allotted 250 Series XXXIV Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of Face Value of Rs 10 lakh each, for cash at par, aggregating to Rs 25 crore, on Private Placement Basis. The tenure of the instrument is 4 years 11 Months.

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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