IndoStar Capital Finance has informed that a meeting of the Debenture Committee of the Board of Directors of the Company will be held on March 16, 2016, to consider, a proposed issue of Secured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 1 crore each for cash at par for an aggregate amount of up to Rs 50 Crore, to be issued on private placement basis and to be listed on the Wholesale Debt Market Segment of the BSE.
The above information is a part of company’s filings submitted to BSE.