Outcome of Debenture Committee Meeting

IndoStar Capital Finance Pvt Ltd has informed BSE that the Debenture Committee of the Board of Directors at its meeting held on August 11, 2015, considered and approved the following:

1. Issue of Rated, Secured, Redeemable, Non-Convertible Debentures ("NCDs") of INR 1 Crore each for cash at par for an aggregate amount of INR 275 Crore (Rupees Two Hundred and Seventy Five Crore only), to be issued In one or more tranches and series on private placement basis ("lssue").

2. The said NCDs shall be listed on the Wholesale Debt Market Segment of Bombay Stock Exchange of India Limited.

Source : BSE - >www.bseindia.com

Published on August 11, 2015
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