IndoStar Capital Finance Ltd. has informed that the Debenture Committee of the Board of Directors at its meeting held on March 16, 2016, considered and approved the Issue of Series XIV Rated, Secured, Redeemable, Non-Convertible Debentures of INR 10 million each for cash at par for an aggregate amount of INR 500 million, to be issued in one or more tranches and series on private placement basis.