
Board Meeting29 Jul 2026, 03:04 pm
Indostar Capital Finance Board Approves Unaudited Results, ₹6,000 Cr NCD Issuance
AI Summary
Indostar Capital Finance Ltd's Board of Directors met on July 29, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the issuance of Non-Convertible Debentures (NCDs) up to ₹6,000 crores via private placement, subject to shareholder approval at the upcoming 17th Annual General Meeting (AGM). The AGM is scheduled for September 25, 2026. Additionally, S. R. Batliboi & Co. LLP was appointed as the Statutory Auditors for a three-year term, pending shareholder consent. The company also provided a Security Cover Certificate and a statement on the utilization of NCD proceeds.
Key Highlights
- Unaudited financial results for Q1 FY27 declared.
- Board approved NCD issuance up to ₹6,000 crores.
- 17th AGM scheduled for September 25, 2026.
- S. R. Batliboi & Co. LLP appointed as Statutory Auditors.
- Trading window opens August 3, 2026.
Price Impact
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