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IndoStar Capital Finance LimitedImportant, 17-07-2025: General Updates

17-07-2025 | 08:11 pm

IndoStar Capital Finance has completed the strategic sale of its housing finance subsidiary, Niwas Housing Finance, to EQT. The company received INR 1,705.95 crore from this divestment. These significant proceeds are earmarked to enhance IndoStar's liquidity and capital adequacy, accelerating growth and value creation in its core businesses: vehicle finance and small business loans. Management highlights this as a pivotal step towards boosting profitability. IndoStar plans an upcoming investor meet to provide further details on its business strategy and future direction.

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