Intimation under regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")
INDOSTAR · price
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SEBI has passed an order dated May 22, 2026 (received by the Company on May 25, 2026) for cancellation of the certificate of registration of IndoStar Credit Fund, a Category II Alternative Investment Fund. The Fund was managed by IndoStar Asset Advisory Private Limited, a wholly owned subsidiary of the Company. The cancellation was ordered due to non-filing of quarterly activity reports for four quarters by the AIF. The AIF had remained inoperative since its launch on April 19, 2015, with its tenure extended up to June 9, 2020. No penalty has been imposed on the Company, and there is no monetary or non-monetary impact as the Fund never became operational.
No material impact on the Company since the AIF had never been operative. This is a routine regulatory compliance matter affecting a non-operational fund managed through a subsidiary, with no financial or operational consequences for IndoStar Capital Finance.