IndoStar Capital Finance Limited — QIP/Rights/Pref., 26-12-2024: Allotment of Securities

IndoStar Capital Finance Limited has approved the allotment of 20,000 senior, secured, redeemable, rated, listed, taxable non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, amounting to ₹200 crore, through a private placement. The debentures have a coupon rate of 10.00% and a tenor of 24 months, maturing on December 24, 2026. Interest payments are scheduled annually, with the first payment due on December 26, 2025. The NCDs will be listed on the Wholesale Debt Market Segment of BSE Limited.