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IndoStar Releases Monitoring Report on Capital Utilization

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IndoStar Releases Monitoring Report on Capital Utilization

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IndoStar Capital Finance Limited ( (IN:INDOSTAR) ) has provided an announcement.

IndoStar Capital Finance Limited released a monitoring agency report for the quarter ending December 31, 2024, concerning the utilization of proceeds from a preferential issue of convertible warrants. This report, prepared by CRISIL Ratings Limited, is part of the company’s regulatory compliance and reflects its commitment to transparency in capital utilization. The announcement underscores IndoStar’s strategic steps in financial management and compliance, potentially impacting its stakeholders by ensuring proper oversight and utilization of raised capital.

More about IndoStar Capital Finance Limited

IndoStar Capital Finance Limited operates in the financial services industry, primarily focusing on providing capital financing solutions. The company is involved in issuing convertible warrants, showcasing its involvement in capital markets and financial products.

YTD Price Performance: -2.81%

Average Trading Volume: 9,911

Current Market Cap: 35.83B INR

See more insights into INDOSTAR stock on TipRanks’ Stock Analysis page.

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