IndoStar Capital Finance Limited — QIP/Rights/Pref., 27-02-2025: Allotment of Securities

IndoStar Capital Finance Limited has approved the private placement of 35,000 Senior, Secured, Redeemable, Rated, Listed, Taxable Non-Convertible Debentures (NCDs) across two tranches: INR 150 crore for Series XXIII (9.95% interest, maturing May 27, 2026) and INR 200 crore for Series XXIV (9.95% interest, maturing June 26, 2026). The total issue size amounts to INR 350 crore. These debentures are set to be listed on the Wholesale Debt Market segment of BSE, with interest payments scheduled annually and principal repayment upon maturity.