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Published on 12/3/2012 in the Prospect News Emerging Markets Daily.

IndoStar Capital issues Rs. 150 million non-convertible debentures

By Ashley Montgomery

Kansas City, Kan., Dec. 3 - IndoStar Capital Finance Pvt. Ltd. informed the Bombay Stock Exchange that its board approved an issue of Rs. 150 million of secured redeemable non-convertible debentures.

The debentures were issued on a private placement basis on Nov. 29.

The company said the debentures would be issued on the Bombay Stock Exchange of India Ltd.

IndoStar is a non-banking financial company based in Mumbai, India.


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