IndoStar Capital Finance Limited — QIP/Rights/Pref., 16-01-2025: Allotment of Securities

IndoStar Capital Finance Limited has approved the allotment of 20,000 Senior, Secured, Redeemable Non-Convertible Debentures (NCDs) at a face value of INR 1 lakh each, totaling INR 200 crore. These 10.10% debentures, issued through private placement under the series ICFL 24-25/Series XXII 2027, have a tenure of 27 months. The interest payments will be made annually, with the principal due at maturity on April 16, 2027. The securities are proposed to be listed on the Wholesale Debt Market Segment of BSE.