SEBI Orders Cancellation of IndoStar Credit Fund Registration Certificate
IndoStar Capital Finance Limited reported that the Securities and Exchange Board of India (SEBI) passed an order for the cancellation of the registration certificate of the IndoStar Credit Fund, a Category II Alternative Investment Fund (AIF). The company received the order on May 25, 2026, following an order passed by SEBI on May 22, 2026.IndoStar Asset Advisory Private Limited, a wholly owned subsidiary of IndoStar Capital Finance Limited, acted as the Investment Manager for the AIF.
The cancellation of the registration certificate resulted from the non-filing of quarterly activity reports by the IndoStar Credit Fund (AIF) over four quarters. In connection with this action, SEBI imposed no penalty on the Company.
AIF Registration Details and Impact
The company confirmed that the withdrawal of the AIF registration had no material impact on IndoStar Capital Finance Limited, as the AIF had remained inoperative since its inception.The following table outlines key historical and impact details regarding the AIF:
| Particulars | Details |
|---|---|
| Authority Passing Order | Securities and Exchange Board of India |
| Approval Action | Certificate of registration as Category II Alternative Investment Fund |
| AIF Launch/Tenure | Launched on April 19, 2015, and its tenure was subsequently extended up to June 09, 2020. |
| Company Impact | There is no material impact on the Company. |
| Financial Impact | There is no monetary or non-monetary impact on the Company. |
IndoStar Capital Finance Limited confirmed that the cancellation of the AIF certificate of registration does not result in any monetary or non-monetary impact on the Company.
INDOSTAR Stock Price Movement
On Monday, IndoStar Capital Finance Limited shares slipped by 1.90% to settle at ₹212.76. The stock finished the day with a total traded volume of 42,274 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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