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India’s IndoStar plans Rs. 500 million series 30 tranche D debentures
By Susanna Moon
Chicago, July 17 – IndoStar Capital Finance Ltd. notified the Bombay Stock Exchange that it plans to issue Rs. 500 million of series 30 tranche D secured redeemable debentures by way of private placement.
The company will issue 500 debentures with a face value of Rs. 1 million each.
The issue was approved at a board meeting on Monday.
The notes will be rated and listed.
IndoStar is a non-banking financial company based in Mumbai.
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