IndoStar Capital Finance Limited announced that Debenture Committee of the Board of Directors of the Company vide Circular Resolution No. 13/2018-19 dated November 2, 2018, approved allotment of 2,500 Series XXXI Rated, Secured, Unlisted, Redeemable, Non-Convertible Debentures of Face Value of INR 1 million each, for cash at par, on Private Placement Basis, aggregating to INR 2,500 million. Tenor was 1096 Days. Date of Allotment as on November 2, 2018 and date of maturity as on November 2021. Coupon Rate shall be the aggregate of Benchmark Rate (8.50%) + Spread (2.25%) i.e. 10.75 % p.a.