IndoStar sells part of commercial vehicle loan book to Phoenix ARC

Strategic Transactions View source PDF Explain this filing

INDOSTAR · price

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Price reactionminutes from the announcement price · days from the prior close

-3.5%Reaction day

₹231.60

prior close

₹231.36

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-3.4% vs market

Non Banking Financial Company (NBFC) peers, median of 209sector-0.1%-3.4% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 3.4 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 209Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

IndoStar Capital Finance will sell part of its commercial vehicle loan book to Phoenix ARC Private Limited to cut stressed assets. Outstanding dues of Rs 135.73 crores will be sold for up to Rs 108.55 crores, a haircut of around 20 percent. Accounts were resolved on December 29, 2025 under RBI Transfer of Loan Exposures rules.

Likely market impact

Sale reduces stressed loan portfolio but at a discount of about Rs 27 crores, which may dent quarterly earnings.