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IndoStar Capital Finance Limited — Updates, 17-07-2025: Press Release
17-07-2025 | 08:14 pm
17-07-2025 | 08:14 pm
IndoStar Capital Finance has completed the sale of its wholly-owned subsidiary, Niwas Housing Finance, to Witkopeend B.V. (an EQT affiliate). IndoStar received **₹1,705.95 Cr** from the transaction. These funds will boost the company's liquidity and capital adequacy, accelerating growth in its core Vehicle Finance and Small Business Loans segments. This strategic move aims to enhance profitability and value creation for shareholders. The company plans to host an investor meet soon to detail its future strategy.
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