IndoStar Capital Finance receives RBI approval for proposed preferential allotment

IndoStar Capital Finance announced that the Reserve Bank of India vide email dated 14 May 2020 has accorded its prior approval to IndoStar Home Finance (IHFPL), wholly-owned subsidiary of the Company, for the proposed preferential allotment of equity shares and compulsorily convertible preference shares to BCP V Multiple Holdings.

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