Corporate Announcement
Security Code : 541336    Company : INDOSTAR    
 
Investment In Equity Shares Issued By Indostar Home Finance Private Limited, Wholly-Owned Subsidiary, On Right Issue BasisDownload PDF Download XBRL
  Exchange Received Time  19/06/2018 16:22:22         Exchange Disseminated Time   19/06/2018 16:22:29              Time Taken   00:00:07
Dear Sir/ Madam,

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.
 

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