Indostar Capital Finance Board Approves Unaudited Results, Fundraise

Indostar Capital Finance Ltd announced the outcome of its Board Meeting held on July 29, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the Board approved the issuance of Non-Convertible Debentures (NCDs) up to Rs. 6,000 crores in a year via private placement, subject to shareholder approval. The 17th Annual General Meeting (AGM) is scheduled for September 25, 2026, where proposals for raising funds through debt securities will be considered. S. R. Batliboi & Co. LLP was appointed as Statutory Auditors for a three-year term, pending shareholder approval. The company also provided a Security Cover Certificate and a statement on the utilization of NCD proceeds.