Indostar Capital Finance Ltd
š Indostar Capital Completes Key Steps for Niwas Housing Finance Sale to Witkopeend B.V.
- IndoStar Capital Finance Limited has completed conditions precedent for the sale of its subsidiary Niwas Housing Finance Private Limited to Witkopeend B.V.
- The transaction was approved by the board of directors on September 19, 2024.
- Reserve Bank of India (RBI) approval was received on March 21, 2025.
- A public notice regarding the RBI approval was published on March 23, 2025.
- The transaction will proceed towards completion as per the terms of the Share Purchase Agreement dated September 19, 2024.