FilingReader Intelligence
IndoStar Capital completes $204m housing finance unit sale
July 17, 2025 at 02:59 PM UTC•By FilingReader AI
IndoStar Capital Finance Limited completed the sale of its wholly-owned subsidiary, Niwas Housing Finance Private Limited, to Witkopeend B.V., an affiliate of BPEA EQT, for INR 1,705.95 crores.
The net proceeds will be used to accelerate growth in IndoStar's core verticals: Vehicle Finance and Small Business Loans. IndoStar no longer holds shares in the housing finance unit, which has ceased to be a subsidiary.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Revised Intimation in relation to the sale of shares of the IndoStar Capital Finance Limited in its wholly owned subsidiary, Niwas Housing Finance Private Limited to Witkopeend B.V.July 17, 2025 at 05:41 PM UTC
Intimation in relation to transfer of hundred percent equity shares of Niwas Housing Finance Private Limited, wholly owned subsidiary of the company to purchaserJuly 17, 2025 at 02:46 PM UTC
Press Release issued by the company in relation with completion of transaction with respect to sell of its wholly owned subsidiary Niwas Housing Finance Private Limited to Witkopeend B.V.July 17, 2025 at 02:49 PM UTC
BSE:INDOSTAR•Bombay Stock Exchange
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