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Prospect News home > News index > List of issuers I > Headlines for IndoStar Capital Finance Pvt. Ltd. > News item
Published on 4/12/2013 in the Prospect News Emerging Markets Daily.

IndoStar board approves Rs. 1.25 billion non-convertible debt issue

By Tali David

Minneapolis, April 12 - IndoStar Capital Finance Pvt. Ltd. informed the Bombay Stock Exchange that its board of directors approved a proposed issue of secured redeemable non-convertible debentures of INR 10 lac each for cash, for an aggregate amount of Rs. 1.25 billion.

The debentures would be issued on private placement basis.

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


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