Mumbai, May 11, 2025 – IndoStar Capital Finance Limited (IndoStar) has announced a leadership change, with CEO Karthikeyan Srinivasan resigning effective May 30, 2025, to pursue other career opportunities. Randhir Singh, the Executive Vice Chairman, will step into the role of Managing Director, continuing to lead the company.
The company’s Chairperson, Naina Krishna Murthy, expressed gratitude towards Mr. Srinivasan for his contributions and wished him success in his future endeavors. She also emphasized their commitment to working with Mr. Singh and the management team to drive IndoStar's next phase of growth.
About IndoStar Capital Finance Limited
IndoStar is a non-banking finance company (NBFC), registered with the Reserve Bank of India and classified as a middle-layered NBFC. The company focuses on financing used and new commercial vehicles and providing small business loans in tier 3 and tier 4 towns in India. With co-promoters Brookfield and Everstone, IndoStar operates as a professionally managed, institutionally owned entity.