MUMBAI, India, Aug. 14, 2025 /PRNewswire/ — IndoStar, a middle-layered non-banking finance company (NBFC) registered with the Reserve Bank of India, announced its financial results for the quarter ended June 30th, 2025 earlier today.
During the quarter, the Company successfully completed the divestiture of its 100% subsidiary, Niwas Housing Finance Private Limited. Sale proceeds were received on July 17, 2025. Following completion, the Company has derecognized its investment in Niwas Housing Finance and recognized a one-time gain of ₹ 1,176 crore.
IndoStar now operates as a focused standalone NBFC with two core segments of Vehicle Finance and Micro Loans Against Property (M-LAP). This strategic transition marks a new chapter in IndoStar’s value creation journey, enabling sharper execution, deeper market…