Description

IndoStar Capital Finance Limited has listed 1,39,49,323 new equity shares issued to promoters on a preferential basis, effective January 30, 2026, with lock-in until August 29, 2027.

Summary

IndoStar Capital Finance Limited (Scrip Code: 541336) has listed 1,39,49,323 new equity shares of Rs. 10/- each on BSE, issued to promoters on a preferential basis at Rs. 184/- per share (including premium of Rs. 174/-). The shares will be available for trading from January 30, 2026, and are subject to a lock-in period until August 29, 2027.

Key Points

  • 1,39,49,323 equity shares issued at Rs. 184/- per share (face value Rs. 10, premium Rs. 174)
  • Allotted to promoters on preferential basis on December 20, 2025
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE896L01010
  • Distribution numbers: 151886570 to 165835892
  • All shares are under complete lock-in until August 29, 2027

Regulatory Changes

No regulatory changes. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members must note the new securities available for trading from January 30, 2026
  • The lock-in restriction on all 1,39,49,323 shares must be observed until August 29, 2027
  • Shares cannot be transferred or sold by promoters during the lock-in period

Important Dates

  • Allotment Date: December 20, 2025
  • Trading Commencement: January 30, 2026
  • Lock-in Expiry: August 29, 2027

Impact Assessment

This preferential allotment increases promoter shareholding and demonstrates promoter commitment with a 32-month lock-in period. The allotment represents a material capital raise for the company at a premium to face value. Existing shareholders should note the dilution impact, though the preferential pricing and long lock-in period may signal positive promoter outlook on the company’s prospects.

Impact Justification

Significant preferential allotment to promoters with long lock-in period indicates promoter confidence but dilutes existing shareholding. Material for existing shareholders but routine corporate action.