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Prospect News home > News index > List of issuers I > Headlines for IndoStar Capital Finance Pvt. Ltd. > News item
Published on 12/29/2014 in the Prospect News Emerging Markets Daily.

India’s IndoStar issues Rs. 150 million of nonconvertible debentures

By Tali Rackner

Norfolk, Va., Dec. 29 – IndoStar Capital Finance Pvt. Ltd. informed the Bombay Stock Exchange that it has raised Rs. 150 million toward the issuance of rated secured redeemable nonconvertible debentures, series A.

On Dec. 26, the debenture committee approved closing of the issue and allotted 150 nonconvertibles with a face value of Rs. 1 million each for cash at par, aggregating to Rs. 150 million.

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


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