IndoStar Capital Finance Announces Statutory Auditor Firm Conversion to LLP Structure

IndoStar Capital Finance Limited has informed stock exchanges about a structural change in its statutory auditor firm. The company disclosed this development under Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Firm Conversion Details

The company's statutory auditor, M S K A & Associates, Chartered Accountants, has converted itself into a Limited Liability Partnership (LLP) structure under the provisions of the Limited Liability Partnership Act 2008. The conversion became effective from January 13, 2026.

Parameter:	Details
Previous Name:	M S K A & Associates, Chartered Accountants
New Name:	M S K A & Associates LLP, Chartered Accountants
Effective Date:	January 13, 2026
ICAI Registration:	105047W/W101187
Notification Date:	January 16, 2026

Continuity of Audit Services

IndoStar Capital Finance confirmed that despite the structural change, M S K A & Associates LLP will continue to function and discharge their obligations as statutory auditors. The firm will serve for the remaining period of their tenure of appointment as statutory auditors, ensuring no disruption in the company's audit processes.

Regulatory Compliance

The disclosure was made pursuant to the mandatory requirements under SEBI Listing Regulations. Company Secretary and Compliance Officer Shikha Jain signed the notification, which was submitted to both BSE Limited and National Stock Exchange of India Limited on January 16, 2026.

This conversion represents a structural reorganization of the audit firm while maintaining continuity in IndoStar Capital Finance's statutory audit arrangements. The LLP structure typically provides enhanced operational flexibility and liability protection for professional service firms.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.71%	-7.80%	-6.61%	-26.52%	-8.53%	-31.37%

IndoStar Capital Finance Limited has announced the allotment of 4,344 equity shares pursuant to the exercise of stock options under its Employee Stock Option Plans (ESOP) 2016 and 2018. The allotment was communicated to BSE Limited and National Stock Exchange of India Limited on January 12, 2026.

Allotment Details

The share allotment was approved by Mr. Randhir Singh, Managing Director designated as Executive Vice Chairman, exercising authority conferred by the Board of Directors through a resolution passed on May 11, 2025. The allotment breakdown is as follows:

ESOP Plan:	Shares Allotted	Face Value per Share
IndoStar ESOP Plan 2016:	2,850 shares	₹10.00
IndoStar ESOP Plan 2018:	1,494 shares	₹10.00
Total Allotment:	4,344 shares	₹10.00

Impact on Share Capital

Following the allotment of these equity shares, the company's capital structure has been updated. The paid-up equity share capital has increased from the previous level to accommodate the newly issued shares.

Parameter:	Before Allotment	After Allotment
Paid-up Share Capital:	₹161.53 crores	₹161.54 crores
Total Equity Shares:	16.15 crore shares	16.15 crore shares
Face Value per Share:	₹10.00	₹10.00

Regulatory Compliance

The allotment was formally communicated to both major stock exchanges where IndoStar Capital Finance shares are listed. The company informed BSE Limited (Scrip Code: 541336) and National Stock Exchange of India Limited (Symbol: INDOSTAR) about the share allotment for record-keeping purposes.

The communication was signed by Shikha Jain, Company Secretary and Compliance Officer (Membership No. A59686), ensuring proper regulatory compliance and transparency in the allotment process. This allotment represents the ongoing implementation of the company's employee stock option plans, providing equity participation opportunities to eligible employees under the established ESOP frameworks.