IndoStar Capital Finance Limited — QIP/Rights/Pref., 19-06-2025: Allotment of Securities

IndoStar Capital Finance has allotted 40,000 senior secured, rated, taxable non-convertible debentures (NCDs) via private placement, totaling INR 400 crore. These include 22,500 NCDs under Series XXVI and 17,500 under Series XXVII, each with a 9.40% coupon rate. Tenors are 24 months for Series XXVI and 25 months for Series XXVII, with annual interest payments and principal repaid at maturity in 2027. The issue is secured by a first charge on company assets. This fundraise strengthens liquidity without altering promoter holding.