A meeting of the Debenture Committee of the Board of Directors of IndoStar Capital Finance Ltd will be held on May 06, 2016, to consider a proposed issue of Secured, Redeemable, Non-Convertible Debentures (NCDs) of INR 1 crore each for cash at par for an aggregate amount of upto INR 250 Crore (Rupees Two Hundred and Fifty Crore only), to be issued on private placement basis and to be listed on the Wholesale Debt Market Segment of the BSE Limited.