Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Resignation of Chief Executive Officer (CEO)
We wish to inform you that the Board of Directors of the Company at its Meeting held today i.e. Tuesday, 14 February 2023, inter alia, considered and approved the resignation of Mr. Deep Jaggi as the Chief Executive Officer and the Whole-time Director of the Company with immediate effect. Q3FY23 Quarterly Result Announced for Indostar Capital Finance Ltd.
Finance firm Indostar Capital Finance announced Q3FY23: Q3FY23 & 9MFY23: Net revenue from operations of Rs 463 crore; growth of 6% vs. 9MFY22 PAT of Rs 149 crore; growth of 770% vs. 9MFY22 AUM at Rs 7,669 crore down 3% from Rs 7,908 crore in Q2FY23 Disbursements of Rs 522 crore up 56% from Rs 334 crore in Q2FY23 Incremental funding of Rs 683 crore raised during Q3FY23 Continued profitability - Q3FY23 PAT at Rs 36.7 crore Debt/Equity 1.8X times Gross collections of Rs 937 crore during the quarter up 8% vs Q2FY23 Gross collection efficiency of 137% Gross Stage 3 assets are at 7.9% for Q3FY23 Net Stage 3 assets are at 3.6% for Q3FY23 Retail AUM ~ Rs 6,143 crore; ~ 84% of AUM Strong Capital Adequacy at 33.0%, on a standalone basis Karthikeyan Srinivasan was appointed as CEO, on Feb 14, 2023 Vinod Panicker was appointed as CFO in December 2022 Result PDF Indostar Capital Finance Ltd - 541336 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended 31 December 2022.
We wish to inform you that the Board of Directors of the Company at its Meeting held today i.e. Tuesday, 14 February 2023, inter alia, considered and approved Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended 31 December 2022, prepared pursuant to Regulation 33 of the Listing Regulations along with limited review report. Indostar Capital Finance Ltd - 541336 - Board Meeting Outcome for Outcome Of Board Meeting And Disclosures Under The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('The Listing Regulations')
We wish to inform you that the Board of Directors of the Company at its Meeting held today i.e. Tuesday, 14 February 2023, inter alia, considered and approved the following: 1. Resignation of Mr. Deep Jaggi as the Chief Executive Officer and the Whole-time Director of the Company and the appointment of Mr. Karthikeyan Srinivasan as the Chief Executive Officer of the Company, each with immediate effect. 2. Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended 31 December 2022, prepared pursuant to Regulation 33 of the Listing Regulations along with limited review report. Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of Listing Regulations, please find enclosed the Press Release to be issued by the Company and IndoStar Home Finance Private Limited ('IHFPL'), material subsidiary of the Company, in connection with the Unaudited Financial Results for the quarter and nine months ended 31 December 2022 and other matters of IHFPL. Indostar Capital Finance Ltd - 541336 - Board Meeting Intimation for Board Meeting Intimation Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
Indostar Capital Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2023 ,inter alia, to consider and approve The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and Nine months ended 31 December 2022. Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Change in Management
We wish to inform that the Board of Directors of the Company vide resolution passed on 3 February 2023, considered and approved re-appointment of Mr. Hemant Kaul (DIN - 00551588) and Ms. Naina Krishna Murthy (DIN - 01216114) as Non-Executive Independent Director(s) of the Company for a second term of five (5) years with effect from 5 February 2023, subject to approval of the Members of the Company by way of special resolution. Indostar Capital Finance Ltd - 541336 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed herewith certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2022 received from Link Intime India Private Limited, Registrar and Transfer agent of the Company. Indostar Capital Finance Ltd - 541336 - Closure of Trading Window
In accordance with the Code of Conduct for Prohibition of Insider Trading and Internal Procedures of IndoStar Capital Finance Limited ('the Company'), the trading window for dealing in Securities of the Company by its Designated Persons and their Immediate Relative(s) shall be closed with effect from 01 January 2023 till 48 hours after the declaration of financial results of the Company for the quarter and nine months ending on 31 December 2022. Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Allotment
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Debenture Committee of the Company vide Circular Resolution #1/2022-23 dated 29 December 2022, approved allotment of 4,000 - Senior, Secured, Redeemable, Rated, Listed, Taxable Non-Convertible Debentures of face value of INR 10,00,000 (Indian Rupees Ten lakhs only) each, for cash, at par, ('Debentures') aggregating to INR 400,00,00,000 (Indian Rupees Four Hundred Crore) on Private Placement basis under Series I, Series II, Series III, Series IV and Series V