INDOSTAR2024-04-012024-06-30 INDOSTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member INDOSTAR2024-06-30 INDOSTAR2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member INDOSTAR2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541336 INDOSTAR NOTLISTED IndoStar Capital Finance Limited Equity 2024-04-01 2025-03-31 2024-07-31 2024-07-24 INR Lakhs First quarter 13:00:00 16:45:00 2024-07-31 2024-07-31 false Not applicable Single segment Financial Business 2024-04-01 2024-06-30 Unaudited Standalone 3041600000.00 64400000.00 3106000000.00 0.00 0.00 0.00 685600000.00 1667800000.00 77400000.00 357800000.00 2998100000.00 107900000.00 0.00 107900000.00 0.00 0.00 0.00 107900000.00 0.00 0.00 0.00 0.00 107900000.00 -4900000.00 103000000.00 103000000.00 0.00 1360800000.00 10 0.79 0.79 0.00 0.00 0.79 0.79 1.The unaudited financial results of IndoStar Capital Finance Limited ( ICFL or the Company ) for the quarter ended 30 June 2024 have been prepared in accordance with Indian Accounting Standards ( Ind AS ) notified under Section 133 of the Companies Act 2013 ( the Act ) read with the Companies (Indian Accounting Standard) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules, 2016 and Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended and have been reviewed by the Audit Committee and subsequently approved at the meeting of the Board of Directors held on 31 July 2024. 2.The above financial results for the quarter ended 30 June 2024 and year ended 31 March 2024 have been reviewed / audited by the current Statutory Auditors. The figures for the quarter ended 30 June 2023 were reviewed by previous Statutory Auditors. 3.The Secured Listed Non-Convertible Debentures of the Company as on 30 June 2024 are secured by first pari-passu charge on a freehold land owned by the Company and/or standard receivables and / or cash / cash equivalent and / or such other asset as mentioned in the respective offer documents. The total asset cover required for secured listed non-convertible debentures has been maintained as per the terms and conditions stated in the respective offer documents. 4.Disclosure pursuant to RBI Notification - RBI/DOR/2021-22/86/DOR.STR.REC.51/21.04.048/2021-22 dated 24 September 2021, as amended, on Transfer of Loan Exposures are given below: (a)Details of stressed loans acquired during the period ended 30 June 2024: (Rs in Lakhs) From Bank SMA : Aggregate principal outstanding of loans acquired - 497 Aggregate consideration paid - 497 Weighted average residual tenor of the loans acquired (in months) - 27 5.During the previous quarter, the Board of Directors at its meeting held on 27 February 2024 approved issuance of 2,48,18,888 warrants of the Company to BCP V Multiple Holdings PTE Limited and Florintree Tecserv LLP, each convertible into, or exchangeable for, 1 fully paid-up equity share of the Company of face value of Rs 10 by way of a preferential issue on a private placement basis at a issue price of Rs. 184 per equity share, in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), the Companies Act, 2013 (“Act”), as amended and other applicable laws, and subject to the approval of regulatory/ statutory authorities and the shareholders of the Company (the “Preferential Issue”). The Preferential Issue has subsequently been approved by the Shareholders at the Extra-Ordinary General Meeting of the Members held on 22 March 2024. During the quarter, the Board of Directors of the Company has vide its Circular Resolution passed on May 26, 2024, approved the allotment of 1,08,69,565 warrants of the Company on a preferential basis by way of a private placement, to Florintree Tecserv LLP. Against the allotment, the Company received consideration of Rs 5,000 lakhs on the date of allotment (i.e., 25% of the total subscription amount of Rs. 20,000 lakhs) Other expenses 357800000.00 Remeasurements of the defined benefit plans -4800000.00 -4800000.00 0.00 Debt instruments through other comprehensive income -100000.00 -100000.00 0.00