IndoStar Capital Finance Limited , a prominent player in the Indian financial services sector, has announced a significant addition to its leadership team. The company has appointed Mr. Amit Kumar Khan as its new Chief Operating Officer (COO), effective August 14, 2025.

Extensive Experience in Banking and Financial Services

Mr. Khan brings over 25 years of rich experience in the Banking & Financial Services industry to his new role at IndoStar Capital Finance. Throughout his career, he has managed various critical functions including business operations, underwriting, risk management, and collections in both secured and unsecured retail lending.

Impressive Career Trajectory

Prior to joining IndoStar, Mr. Khan held senior leadership positions at several prestigious financial institutions:

• Grihum Housing Finance (formerly known as Poonawalla Housing Finance)
• HDFC Bank
• ICICI Bank

His extensive leadership experience spans more than two decades in the financial services sector, showcasing a strong track record in retail assets lending, process excellence, risk management, collections, and technology-led transformation.

Key Responsibilities as COO

In his role as Chief Operating Officer at IndoStar Capital Finance, Mr. Khan will be tasked with:

1. Driving operational excellence
2. Strengthening customer-centric retail lending solutions
3. Supporting the company's strategic growth vision

Expertise in Retail Assets

Throughout his career, Mr. Khan has played a pivotal role in formulating strategies for housing finance companies. He has worked closely with relevant functional teams to create policies, develop products, and build and run large-scale businesses across many states in India. His experience includes managing all-India operations for decades and building various retail assets product-portfolios across the country.

A Strategic Addition to IndoStar's Leadership

The appointment of Mr. Amit Kumar Khan as COO is a strategic move for IndoStar Capital Finance. His extensive experience and proven track record in the financial services sector are expected to contribute significantly to the company's growth and operational efficiency.

IndoStar Capital Finance Limited's decision to bring Mr. Khan on board underscores the company's commitment to strengthening its leadership team and enhancing its position in the competitive financial services market.

As the company moves forward with this new appointment, stakeholders will be watching closely to see how Mr. Khan's expertise and leadership will drive IndoStar's operational excellence and support its strategic vision in the coming years.

IndoStar Capital Finance , a prominent player in the Indian financial services sector, is set to deliberate on a significant debt fundraising initiative. The company has announced that its Board of Directors will convene on August 13, 2025, to discuss and potentially approve the issuance of Non-Convertible Debentures (NCDs) worth up to ₹6,000 crore through private placement.

Board Meeting Agenda

The upcoming board meeting, scheduled for Wednesday, August 13, 2025, will address several key matters:

1. Debenture Issuance: The primary focus will be on considering and approving the issuance of Non-Convertible Debentures for an amount not exceeding ₹6,000.00 crore.

2. Financial Results: The board will review and potentially approve the un-audited financial results, both standalone and consolidated, for the quarter ended June 30, 2025.

3. Annual General Meeting: The meeting will also set the date and time for IndoStar's 16th Annual General Meeting (AGM) and approve the AGM notice, which is expected to include proposals for raising funds through eligible debt securities.

Regulatory Compliance

In adherence to regulatory requirements, IndoStar Capital Finance has duly informed the stock exchanges about the scheduled board meeting. This disclosure is in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

The company has reiterated that the trading window for dealing in IndoStar's securities will remain closed until 48 hours after the declaration of the financial results for the quarter ended June 30, 2025. This measure is in place to ensure fair trading practices and prevent insider trading.

Implications

The proposed ₹6,000.00 crore NCD issuance, if approved, could significantly bolster IndoStar Capital Finance's capital base. This move may be aimed at supporting the company's growth plans, strengthening its lending capabilities, or refinancing existing debt.

Investors and market watchers will be keenly awaiting the outcome of this board meeting, as it could have substantial implications for IndoStar's financial strategy and future growth trajectory in the competitive Indian financial services landscape.

As the financial sector continues to evolve, IndoStar's proactive approach to capital raising demonstrates its commitment to maintaining a strong financial position and capitalizing on market opportunities.