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IndoStar Capital Finance LimitedOthers, 14-08-2025: Monitoring Agency Report

14-08-2025 | 04:20 pm

IndoStar Capital Finance has received a monitoring report for its preferential issue of convertible warrants. The report confirms that the capital raised from both non-promoter (approximately 200 Cr) and promoter (approximately 256.67 Cr) warrant issues is being utilized as per the stated growth objectives and general corporate purposes, with no deviations. The company received an initial 25% for non-promoter warrants in Q1 FY25 and a significant portion for promoter warrants in Q3 FY25. No new funds were received or utilized during the quarter ending June 30, 2025. This ensures transparency in capital deployment for shareholders.

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