IndoStar Capital Finance Limited — Others, 18-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

IndoStar Capital Finance Limited confirmed that the proceeds from its preferential issue of warrants during Q2 2024 were utilized as outlined in their Information Memorandum, with no deviations reported. The company raised approximately INR 2,000 million through the issuance of 10,869,565 convertible warrants, reaffirming the commitment to use the funds for growth objectives and general corporate purposes as planned.