Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Company News

Indostar Capital Finance Ltd
Indostar Capital sells stressed CV loan portfolio worth Rs 309.6 crore to Phoenix ARC
Sep 30,2025

The transaction covers dues of Rs 309.6 crore, with a purchase consideration of up to Rs 220.3 crore.

The accounts were resolved on September 29, 2025, in line with the Reserve Bank of India’s Master Directions on Transfer of Loan Exposures (2021).

Indostar Capital Finance is registered with the Reserve Bank of India (RBI) as a systemically important non-deposit-taking NBFC.

The company's consolidated net profit surged to Rs 545.58 crore in the quarter ended June 2025 as against Rs 24.93 crore during the previous quarter ended June 2024. Sales rose 12.06% to Rs 343.51 crore in Q1 FY26 over Q1 FY25.

The scrip shed 0.84% to currently trade at Rs 248.05 on the BSE.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise