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IndoStar Capital Finance Limited ( (IN:INDOSTAR) ) has shared an announcement.
IndoStar Capital Finance Limited has allotted 13,949,323 equity shares of Rs 10 each to its promoter entity BCP V Multiple Holdings Pte Ltd following the conversion of an equivalent number of warrants that were earlier issued on a preferential basis at Rs 184 per warrant. The warrant holder has paid the balance consideration of approximately Rs 51.33 crore, and the board approved the share allotment via circular resolution on 20 December 2025, increasing IndoStar’s issued, subscribed and paid-up equity share capital to Rs 161.53 crore, comprising 16,15,32,124 fully paid-up shares. The newly issued shares will rank pari passu with existing equity shares and will be listed on BSE and NSE upon receipt of listing approvals, consolidating the promoter’s stake and further strengthening the company’s equity base.
More about IndoStar Capital Finance Limited
IndoStar Capital Finance Limited is a non-banking financial company (NBFC) based in Mumbai, engaged in providing financial services through equity and debt financing solutions. The company is listed on both BSE and NSE and operates within India’s capital and credit markets, focusing on structured financing and related lending activities.
Average Trading Volume: 6,329
Technical Sentiment Signal: Sell
Current Market Cap: 33.56B INR
See more data about INDOSTAR stock on TipRanks’ Stock Analysis page.