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Prospect News home > News index > List of issuers I > Headlines for IndoStar Capital Finance Pvt. Ltd. > News item
Published on 3/16/2016 in the Prospect News Emerging Markets Daily.

India’s IndoStar approves Rs. 500 million non-convertible debentures

By Tali Rackner

Norfolk, Va., March 16 – IndoStar Capital Finance Pvt. Ltd. informed the Bombay Stock Exchange that its board of directors approved Rs. 500 million of rated secured redeemable non-convertible debentures, series XIV.

The debentures will have a face value of Rs. 10 million each and will be issued in one or more tranches on a private placement basis.

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


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