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IndoStar board approves Rs. 500 million nonconvertible debt issue
By Tali David
Minneapolis, Nov. 1 - IndoStar Capital Finance Pvt. Ltd. informed Bombay Stock Exchange that its board of directors approved a proposed issue of secured redeemable nonconvertible debentures for an aggregate amount of Rs. 500 million.
The debentures would be issued on private placement basis.
IndoStar is a non-banking financial company based in Mumbai, India.
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