Indostar Capital Finance Ltd - 541336 - Updates on Open Offer
Nomura Financial Advisory and Securities (India) Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Post Offer advertisement under Regulation 18 (12) in terms of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, for the attention of the Public Shareholders of Indostar Capital Finance Ltd ("Target Company"). Indostar Capital Finance Ltd - 541336 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Indostar Capital Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Change in Management Control
In continuation of our letter with reference no. ICFL/LS/00196/2019-20 dated January 31, 2020 wherein we had informed regarding the execution of the share subscription agreement and the shareholders agreement,each dated January 31, 2020 among the Company, BCP V Multiple Holdings Pte. Ltd.('Brookfield') and Indostar Capital ('ICM') (referred 'SSA' and 'SHA' respectively); and(ii)our letter with reference no. ICFL/LS/0030/2020-21 dated 27 May 2020 wherein we had informed regarding the allotment of equity shares and CCPS to Brookfield. In terms of the SHA, the SSA and the share purchase agreement dated January 31, 2020 executed between Brookfield and ICM and pursuant to the completion of the transactions as contemplated therein, Brookfield is: (a) in control of the Company as per the terms of the SHA; and (b) a promoter of the Company in accordance with applicable law, with effect from July 9, 2020. ICM continues to be in control and be classified as a promoter of the Company. Indostar Capital Finance Ltd - 541336 - Outcome Of The Board Meeting Held On Friday, July 10, 2020
The Board at its meeting held on July 10, 2020 inter-alia considered and approved the following: 1. Alteration to the Articles of Association and amendment to shareholders agreement dated January 31, 2020 among the Company, BCP V Multiple Holdings Pte. Ltd and Indostar Capital; 2. Appointments of Directors; 3. Resignations of Directors. Request you to kindly take the above on record. Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board at its meeting held on 10 July 2020, inter-alia considered the following: 1. Approved appointment of Mr. Aditya Joshi, Mr. Sridhar Rengan and Mr. Vibhor Talreja as Additonal Non-Executive Non-Independent Directors with effect from July 10, 2020; 2. Accepted the resignation of (a) Mr. Shailesh Shirali as Whole-time Director; (b) Mr. Alok Oberoi as Non-Executive Non-Independent Director and (c) Mr. Dinesh Kumar Mehrotra as Non-Executive Independent Director, with immediate effect from July 10, 2020 3. Accepted the resignation of Mr. Dhanpal Jhaveri as Chairman of the Board with immediate effect, who will however continue to serve as a director on the Board and approved the appointment of Mr. Bobby Parikh, Non-Executive Independent Director, as the Chairman of the Board with immediate effect from July 10, 2020. Request you to kindly take the above on record. Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
The Board at its meeting held on Friday, July 10, 2020 inter-alia considered and approved adoption of altered Articles of Association of the Company, to reflect the terms of the SHA, including as revised by the letter agreement entered into between Brookfield and ICM on May 15, 2020 to record certain revisions in relation to the SHA ('Letter Agreement'), subject to the approval of the shareholders of the Company. The Board had also noted and approved the Letter Agreement which contains revisions primarily in relation to two provisions, i.e. the obligation regarding the minimum public shareholding requirement and the threshold percentages applicable to ICM for exercising certain rights under the SHA including in relation to nominating directors to the Board. Request you to kindly take the above on record. Indostar Capital Finance Ltd - 541336 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for BCP V Multiple Holdings Pte Ltd (Acquirer), together with Brookfield Business Partners L.P. (PAC) Indostar Capital Finance Ltd - 541336 - Closure of Trading Window
Dear Sir/ Madam, We wish to intimate that the trading window for dealing in securities of the Company is closed with effect from 01 July 2020 till 48 hours after the declaration of financial results of the Company for the quarter ended 30 June 2020. Request you to kindly take the above on record. Indostar Capital Finance Ltd - 541336 - Updates on Open Offer
Nomura Financial Advisory and Securities (India) Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Offer Advertisements in relation to the Open Offer for the attention of the Public Shareholders of Indostar Capital Finance Ltd ("Target Company"). Indostar Capital Finance Ltd - 541336 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Dear Sir / Madam, Please find attached herewith transcript of analyst(s) / institutional investor(s) call on Audited Financial Results for the quarter and financial year ended 31 March 2020. The transcript is also available on the website of the Company at www.indostarcapital.com. Request you to kindly take the above on record.