Indostar Capital Finance Limited, one of India’s leading retail non-banking financial companies, announced the appointment of Devdutt Marathe as Additional Director in the category of Non-Executive Non-Independent Director on the company’s Board, with effect from September 8, 2023. According to the company’s exchange filing, “Further, upon recommendation of Nomination & Remuneration Committee, the Board of […]
Tag: IndoStar Capital Finance
IndoStar Capital Finance, a Mumbai-based non-banking finance company registered with the Reserve Bank of India as a systemically important non-deposit taking company, announced that it has raised Rs 1,225 crore equity capital from Brookfield, according to an ET report. The investment by Brookfield in the retail-focussed NBFC is a combination of primary investment in equity […]