IndoStar Capital Finance Limited — Important, 17-07-2025: General Updates
17-07-2025 | 11:00 pm
17-07-2025 | 11:00 pm
IndoStar Capital Finance has finalized the sale of its entire stake in subsidiary Niwas Housing Finance (NHFPL) to Witkopeend B.V. (an EQT affiliate). This strategic divestment generates INR 1,705.95 Cr for IndoStar. The company will utilize these funds to boost liquidity, strengthen its capital base, and accelerate growth in its core Vehicle Finance and Small Business Loans segments. NHFPL has ceased to be an IndoStar subsidiary, marking a significant operational shift focused on enhancing core business value.
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