IndoStar Capital Finance , a non-banking financial company (NBFC), has announced its financial results for the quarter ended September 30, 2025. The company reported Assets Under Management (AUM) of ₹7,564 crore and disbursements of ₹927 crore for the quarter.

Financial and Operational Highlights

IndoStar Capital Finance operates in two focus segments: Vehicle Finance and Micro Loans Against Property. The company has shown improvements in its operational efficiency, as evidenced by the following:

• The weighted cost of funds reduced to 10.17% in Q2FY26, down 67 basis points from 10.84% in Q2FY25.
• Operating costs decreased 13% quarter-on-quarter and 6% year-on-year.

Management Appointments

The company has made several senior management appointments to strengthen its leadership team:

• Vishal Goenka: Appointed as Non-Executive Director
• Amit Kumar Khan: Appointed as COO M-LAP
• Jasmine Bawa: Appointed as CHRO
• Binoy Parikh: Appointed as Chief Compliance Officer

These appointments are expected to bring additional expertise and experience to IndoStar's management team, potentially supporting the company's growth and operational strategies.

Company Outlook

The reduction in operating costs and weighted cost of funds suggests a focus on improving operational efficiency. The relatively low Gross Stage 3 and Net Stage 3 asset percentages indicate that the company is maintaining asset quality.

The new management appointments may signal IndoStar Capital Finance's intention to strengthen its market position and explore new growth opportunities in its focus segments of Vehicle Finance and Micro Loans Against Property.

Investors and market observers will likely monitor IndoStar Capital Finance's performance in the coming quarters to assess the impact of these operational improvements and management changes on the company's overall financial health and market position in the NBFC sector.

IndoStar Capital Finance Limited , a prominent player in the financial services sector, has announced a significant addition to its leadership team. The company has appointed Ms. Jasmine Bawa as its new Chief Human Resources Officer (CHRO), effective October 01, 2025.

Key Appointment Details

• Position: Chief Human Resources Officer (CHRO)
• Effective Date: October 01, 2025
• Employment Type: Full-time
• Classification: Senior Management Personnel

Professional Background

Ms. Jasmine Bawa brings a wealth of experience to her new role at IndoStar Capital Finance. With over 15 years of experience in the human resources field, she has built a strong reputation across leading financial institutions and fintech companies. Her expertise spans various critical areas of HR management, including:

• Talent Engagement
• Performance Management
• HR Business Partnering
• Compensation Management
• Succession Planning
• Resource Planning
• Employee Engagement
• Talent Acquisition

Corporate Governance

The appointment of Ms. Bawa was disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. IndoStar Capital Finance Limited promptly informed the National Stock Exchange of India Limited and BSE Limited about this significant personnel change, demonstrating its commitment to transparent corporate governance.

Company's Perspective

By bringing Ms. Bawa on board, IndoStar Capital Finance Limited appears to be strengthening its human resources capabilities. Her extensive experience in the financial sector, combined with her expertise in various HR functions, is likely to contribute to the company's strategic human capital management and overall organizational development.

This appointment underscores IndoStar's focus on building a strong leadership team to drive its business forward in the competitive financial services landscape. As the company continues to evolve, Ms. Bawa's role will be crucial in aligning human resources strategies with the organization's broader business objectives.

The financial community and stakeholders will be watching closely to see how this new addition to the senior management team will influence IndoStar Capital Finance's human resources policies and practices in the coming years.