IndoStar Capital Finance has raised Rs 400 crore through the allotment of 4,000 Senior, Secured, Redeemable, Rated, Listed, Taxable Non-Convertible Debentures (NCDs) of face value of Rs 10,00,000 each, for cash, at par, on Private Placement basis under Series I, Series II, Series III, Series IV and Series V. The Debenture Committee of the Company vide Circular Resolution dated December 29, 2022, 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.
