Allotment of Rated Secured Redeemable Non-Convertible Debentures

| Updated on December 29, 2014 Published on December 29, 2014

With reference to the earlier letter dated December 12, 2014 regarding the issue of Rated, Secured, Redeemable,
Non-Convertible Debentures (NCDs) of INR 10 lac each for cash at par, in one or more tranches or series, for an aggregate amount of INR 100 Crore (Rupees One Hundred Crore only), to be issued on private placement basis (Issue),

IndoStar Capital Finance Ltd has now informed BSE that:

1. The Company has raised INR 15 Crore (Rupees Fifteen Crore only) towards Series A NCDs of the Issue.

2. The Debenture Committee of the Board of Directors of the Company has vide Circular Resolution dated December 26, 2014, approved closing of Series A NCDs and allotted, 150 NCDs of Face Value of INR 10 Lac (Rupees Ten Lac only) each for cash at par, aggregating to INR 15 Crore (Rupees Fifteen Crore only).

3. The said NCDs shall be listed on the Bombay Stock Exchange Limited.

Source : BSE - www.bseindia.com

Published on December 29, 2014
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