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Indostar Capital Finance Ltd - Investment In Equity Shares Issued By Indostar Home Finance Private Limited, Wholly-Owned Subsidiary, On Right Issue Basis


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19 Jun 2018
Dear Sir/ Madam,<BR> <BR> We wish to inform you that IndoStar Capital Finance Limited ('the Company') on 19 June 2018 subscribed 3,50,00,000 (Three Crore Fifty Lakh) equity shares of face value INR 10 (Rupees Ten only) each issued by IndoStar Home Finance Private Limited, wholly-owned subsidiary of the Company ('IHFPL') on Right Issue basis at par, wherein INR 5 (Rupees Five only) per equity share aggregating to INR 17,50,00,000 (Rupees Seventeen Crore and Fifity Lakh only) was paid towards application money and balance amount shall be paid in one or more tranches, as and when calls are made by the Board of Directors of IHFPL.<BR>

Source: BSE India

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