IndoStar Capital Finance has received an approval for the allotment of 1,000 Series XL Secured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures (NCDs) of Face Value of Rs 10 lakh each, for cash, at par aggregating to Rs 100 crore on Private Placement Basis. The Debenture Committee of the company vide Circular Resolution dated December 29, 2020, has approved allotment of 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.
