Business Standard

Indostar Capital Finance to raise upto Rs 800 crore

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Capital Market

Through private placement of NCDs

The Debenture Committee of the Board of Directors of Indostar Capital Finance at its meeting held on 18 June 2018 has approved the issue of Rated, Listed, Secured/Unsecured, Redeemable, Non-Convertible Debentures of Face Value of Rs 10 Lakh each, for cash, for an amount aggregating upto Rs 800 crore to be issued in one or more tranches on private placement basis under a Shelf Disclosure Document and the said non-convertible debentures shall be listed on the Wholesale Debt Market Segment of the BSE.

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First Published: Jun 18 2018 | 5:14 PM IST

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