Star Housing Finance Ltd (STARHFL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Star Housing Finance Ltd on NSE and BSE, with an AI summary of each filing.
As per the attachment.
Others (Uncategorized) · 25 Oct 2026, 4:41 am
Star Housing Finance Independent Director Amlendra Prasad Saxena Completes Tenure Star Housing Finance Limited announced that Mr. Amlendra Prasad Saxena ceased to hold office as an Independent Director of the company effective 23rd Oct'26 upon the completion of his tenure. His departure aligns with the terms of his reappointment approved by shareholders on 29th Sep'21, resulting in a routine board-level transition under SEBI Listing Regulations.
Intimation of approval of extension of AGM for the Financial Year ended 31st March 2026.
Annual General Meeting · 18 Sept 2026, 3:52 am
Announcement under Regulation 30 - Updates
Others (Uncategorized) · 09 Sept 2026, 11:58 pm
Star Housing Finance Approves Office Relocation and Discloses Lender-Initiated Forensic Audit Star Housing Finance announced key board approvals on 9th Sep'26, including the appointment of Ravi Ranjan & Co. LLP by company lenders to conduct a forensic audit. Additionally, the Board approved shifting its registered office from Borivali East to Andheri East, Mumbai, effective immediately. The board also extended the tenure of Mr. Kalpesh Dave as Advisor – Transition (External Consultant) until 31st Dec'26 to continue providing advisory services.
Intimation regarding change in the registered office of the company within the local limits.
Others (Uncategorized) · 09 Sept 2026, 11:56 pm
Star Housing Finance Discloses Forensic Audit by Lenders and Board Approvals Star Housing Finance disclosed on 9th Sep'26 that its lenders have appointed Ravi Ranjan & Co. LLP as forensic auditor to conduct a forensic audit of the company. Additionally, the board approved shifting the company's registered office to Andheri East, Mumbai, effective 9th Sep'26. The board also approved extending the tenure of Mr. Kalpesh Dave as Advisor – Transition (External Consultant) through 31st Dec'26.
As per the attachment.
Others (Uncategorized) · 27 Aug 2026, 9:36 pm
Star Housing Finance: Potential Investor Eyes Majority Stake and Fund Infusion Star Housing Finance is in talks with a potential investor for a majority stake acquisition. The deal involves purchasing shares from existing promoters and the single largest shareholder, facilitating their complete exit. The investor also proposes a primary fund infusion to strengthen the balance sheet, subject to approvals. This strategic move is expected to result in new ownership and a revival of the company. In anticipation, two independent directors have already been appointed to the board, with further strengthening planned.
Announcement under Regulation 30 of SEBI LODR Regulations.
Others (Uncategorized) · 27 Aug 2026, 9:30 pm
Star Housing Finance Account Classified as Fraud by NHB Star Housing Finance (STARHFL) announced on 27 Aug '26 that it has received an order from the National Housing Bank (NHB) classifying the company's account as fraud. This action follows a forensic audit conducted by auditors appointed by the NHB. The company's management is currently reviewing the order to determine its next course of action. This development represents a significant corporate governance and regulatory risk for the firm.
Intimation of change in credit rating by India Ratings & Research Pvt. Limited
Others (Uncategorized) · 22 Aug 2026, 9:32 pm
Star Housing Finance Ratings Migrated to Non-Cooperating Category by India Ratings India Ratings and Research (Ind-Ra), on 21st Aug'26, has migrated Star Housing Finance Ltd's (SHFL) ratings to the non-cooperating category due to the issuer's failure to provide adequate information. The rating for INR 2,500 million in Non-Convertible Debentures and INR 4,500 million in bank loan facilities is now 'IND D(ISSUER NOT COOPERATING)'. The previous rating in Aug'25 was 'IND BBB/Stable'. Ind-Ra noted that the company is currently under default, as confirmed by the debenture trustee, advising caution to investors.
The copy of newspaper publication of Postal Ballot Notice dated 14th August 2026 is attached,
Others (Uncategorized) · 18 Aug 2026, 3:46 am
Star Housing Finance Seeks Shareholder Approval Via Postal Ballot Star Housing Finance has issued a Postal Ballot notice seeking shareholder approval for three key resolutions: the appointment of one Nominee Director and two Independent Directors. The e-voting period for this ballot will commence on 15th Aug'26 and conclude at 5:00 PM on 13th Sep'26. The cut-off date for determining shareholder voting rights was 07th Aug'26. The results of the postal ballot will be announced on or before 15th Sep'26. The notice was published on 15th Aug'26.
The Board of Directors of the Company has authorised for conducting the resolution to be passed through postal ballot and issuance of notice thereof to the Members of the Company.
Others (Uncategorized) · 14 Aug 2026, 10:13 pm
Star Housing Finance Board Approves Postal Ballot for Director Appointments Star Housing Finance's board, in its meeting on 13 Aug'26, authorized a postal ballot to seek shareholder approval for the appointment of directors, compliant with SEBI Regulation 17(1C). The board also appointed Mr. Rinkesh Gala of M/s. RA Gala & Associates as the scrutinizer to oversee the e-voting process for the proposed postal ballot, ensuring a fair and transparent procedure.
Letter of Intent executed by certain shareholders of the Company with Catye Consultancy Services Private Limited.
Others (Uncategorized) · 14 Aug 2026, 2:14 am
Star Housing Finance: Promoters to Sell 33.52% Stake to Cateye Consultancy Star Housing Finance announced on 13th Aug'26 that its promoters and other shareholders ("Proposed Sellers") have signed a non-binding Letter of Intent (LOI) with Cateye Consultancy Services. The LOI, dated 16th Jul'26, outlines Cateye's intent to acquire 2,64,78,962 equity shares, representing a 33.52% stake in the company. The transaction is preliminary, with the price yet to be negotiated. Completion is subject to due diligence, a definitive agreement, and regulatory approvals, including from the SEBI and RBI. This could trigger a change in control.
Intimation as per the attachment.
Others (Uncategorized) · 11 Jul 2026, 6:22 pm
Star Housing Finance Board Rejects Promoter Reclassification Request Star Housing Finance's Board of Directors, in a meeting on 11th Jul'26, decided not to approve a request from promoters to reclassify their status from 'Promoter Group' to 'Public'. The decision was based on the company's current liquidity position, challenges in timely repayments, ongoing revival efforts, and discussions with a proposed investor. The Board concluded that approving the reclassification was not appropriate at this stage. This follows promoter requests dated 30th Jun'26 and 1st Jul'26 under SEBI's Regulation 31A.
Corrigendum to the intimation dated 08th July 2026
Change in Management · 11 Jul 2026, 2:32 am
Star Housing Finance Corrects Director Appointment Date Star Housing Finance issued a corrigendum to correct the effective appointment date of Mr. Abhaykumar J. Pal (DIN: 11802566) as an Additional Non-Executive Independent Director. The company clarified that his appointment is effective from 8th Jul'26, not 7th Jul'26 as previously stated in the letter dated 8th Jul'26. His appointment is for a one-year term, subject to shareholder approval. Mr. Pal is a Practising Company Secretary with over a decade of experience in corporate law, governance, and NBFC compliance.
Intimation of Appointment of Mr. Abhaykumar J Pal as an Additional Director in the category of Non Executive Independent Director of the Company.
Change in Management · 08 Jul 2026, 5:16 pm
Star Housing Finance Appoints Abhaykumar J. Pal as Independent Director Star Housing Finance (STARHFL) appointed Mr. Abhaykumar J. Pal as an Additional Non-Executive Independent Director, effective 7th Jul'26, for a one-year term, subject to shareholder approval. Mr. Pal is a Practising Company Secretary with over a decade of experience in corporate law, governance, and NBFC compliance management. His expertise spans M&A, fundraising, and risk management. The appointment aims to strengthen the board with independent oversight and enhance corporate governance. Mr. Pal is not debarred by SEBI from holding a directorship.
The Company has received request letters from Promoters seeking reclassification.
Others (Uncategorized) · 02 Jul 2026, 12:20 am
Star Housing Finance: Promoters Seek Reclassification to Public Shareholders Star Housing Finance (STARHFL) announced on 1st Jul'26 that it received requests from four promoter group entities to be reclassified as public shareholders. The entities seeking reclassification are Akme Automobiles Private Limited, which holds 31,653 shares (0.04% stake), along with three other individuals—Shantilal Jain, Yashpal Velchand Jain, and Leeladevi Jain—who hold no shares. The company will now take necessary steps as per SEBI regulations. This move could potentially increase the public float and alter the promoter group's constitution.
The Company has received a request from promoters for reclassification.
Others (Uncategorized) · 01 Jul 2026, 4:17 am
STARHFL Promoters with Zero Holding Seek Reclassification to Public Shareholders Star Housing Finance announced on 30th Jun'26 that it received requests from four promoter group entities for reclassification to the 'Public' shareholder category. The entities—Akme Fintrade (India) Ltd, Nirmal Kumar Jain HUF, Jamak Lal Jain, and Manak Chand Jain—collectively hold zero shares and 0% of the company's equity capital. The request letters state they do not hold any board positions, exercise no control over the company, and hold less than 10% of total voting rights, thus meeting SEBI's reclassification criteria.
Appointment of Mr. Kalpesh Dave as an advisor (External Consultant)
Others (Uncategorized) · 27 Jun 2026, 2:27 am
Star Housing Finance Appoints Kalpesh Dave as External Advisor Star Housing Finance announced the appointment of Mr. Kalpesh Dave as an external Advisor - Transition, effective 27th Jun'26. Per the board resolution dated 26th Jun'26, Mr. Dave will provide advisory and consultancy services to the company. His remit includes business strategy, finance, legal, technology, and operations, aiming to enhance the company's strategic direction and operational efficiency. This move signals a focus on leveraging external expertise for corporate development and transition management.
Cessation of tenure and employment of Executive Director and CEO, Mr. Kalpesh Dave (DIN: 08221964)
Change in Management · 26 Jun 2026, 8:36 pm
Intimation of appointment of Mr. Yogesh Limbachia (DIN: 11709935) as a Nominee Director of the Company.
Change in Management · 18 Jun 2026, 12:32 am
Star Housing Finance Appoints Yogesh Limbachia as Nominee Director Star Housing Finance appointed Mr. Yogesh Limbachia as an Additional Non-executive Nominee Director, effective 17th Jun'26, subject to shareholder approval. Nominated by Debenture Trustee Vardhman Trusteeship, he brings experience from firms like LoanTap and BDO India. Mr. Limbachia is a qualified Company Secretary with expertise in compliance, regulatory reporting, and has successfully raised over INR 250 Crores via Non-Convertible Debentures and Commercial Papers. His appointment is expected to strengthen corporate governance and compliance.
Intimation of Appointment of Ms. Shweta Mehta as an Additional Director in the category of Non Executive Independent Director
Change in Management · 13 Jun 2026, 6:05 pm
Star Housing Finance Appoints New Non-Executive Independent Director Star Housing Finance appointed Ms. Shweta Mehta as an Additional Director (Non-Executive Independent) effective 15th Jun'26, subject to shareholder approval. The appointment is for a one-year term. Ms. Mehta brings over 18 years of experience in healthcare and digital platforms, having founded an e-pharmacy platform and previously owned a generic medicine store. She has been recognized as a "Thoughtful Leader of the Year - 2023" for her contributions to digital healthcare. No inter-se relationships exist with other directors.
As per the attachment.
Others (Uncategorized) · 23 May 2026, 9:29 pm
Star Housing Finance Defaults on NCDs; Debenture Holder Meeting Rescheduled Star Housing Finance has defaulted on interest and principal payments for its INR 20 Cr NCDs (ISIN: INE526R07017), which were due on 19th May'26. A debenture holders' meeting, called by trustee Vardhman Trusteeship, was held on 22nd May'26 to discuss enforcement of security. The meeting was adjourned due to a lack of quorum and has been rescheduled to 29th May'26. The agenda includes seeking consent for security enforcement and signing an Inter-Creditor Agreement. A resolution requires approval from 75% by value.
Intimation under Regulation 30 of SEBI (LODR) Regulations 2015 - Letter of Intent received from Bassinvictus Private Limited addressed to the lenders.
Others (Uncategorized) · 08 May 2026, 4:34 pm
Star Housing Finance Receives Letter of Intent for Rs.200 Cr Equity Infusion Star Housing Finance announced on 08 May '26 it received a letter of intent from Bassinvictus Private Limited for a potential strategic investment. Bassinvictus intends to infuse Rs.200 cr in equity to acquire a majority stake. The deal includes a secondary purchase of stakes from promoters and ARKFIN Investment. An immediate Rs.25 cr ICD infusion is also proposed post-agreement. The transaction is contingent on lenders agreeing to restructure loans, extend tenors, and grant a six-month moratorium on repayments. A new leadership team would be installed.
Announcement under Regulation 30 as per the attached file.
Others (Uncategorized) · 01 May 2026, 5:20 pm
Star Housing Finance Puts External Audit on Hold Amid NHB Scrutiny Star Housing Finance announced on 1st May'26 it has put on hold the appointment of Parikh & Associates for an external audit. This audit was initiated in response to a Snap Audit Report by the National Housing Bank (NHB). The company stated the decision was instructed by the Board and Management. Star Housing Finance clarified that the matter under review remains at the suspicion stage, and the alleged irregularities have not yet been substantiated. Further updates are pending.
Disclosure Under Regulation 30 of SEBI LODR, 2015
Others (Uncategorized) · 01 May 2026, 3:28 am
Star Housing Finance Under NHB Forensic & Transactional Audit Star Housing Finance announced that the National Housing Bank (NHB) will conduct a forensic and transactional audit of the company, commencing 30th Apr'26. The NHB has appointed M/s. Ravi Rajan & Co. LLP, Chartered Accountants, to carry out the audit. This regulatory action is a key development for the company, potentially impacting investor sentiment and flagging potential governance or operational concerns. The audit's scope and subsequent findings will be crucial for the company's outlook.
As per the attached document.
Others (Uncategorized) · 28 Apr 2026, 5:11 pm
Star Housing Finance Seeks NCD Payment Extension, Cites Liquidity Infusion Star Housing Finance has missed its NCD (ISIN: INE526R07017) payment due on 27th Apr'26 under a put option. The company has requested a 14-day extension from debenture holders, citing a liquidity crunch that it aims to resolve by onboarding a new investor. The Debenture Trustee has scheduled a meeting for 22nd May'26 to seek consent for the extension and discuss potential enforcement of security. The meeting will be cancelled if the company cures the default before the scheduled date.
As per the attached document.
Others (Uncategorized) · 14 Apr 2026, 9:02 pm
Star Housing Finance Appoints External Auditor for NHB Snap Audit Review Star Housing Finance appointed Parikh & Associates on 14th Apr'26 to conduct an external audit following a Snap Audit Report from the National Housing Bank (NHB). This action addresses suspected irregularities, which the company clarifies have not yet been substantiated. The audit aims to independently establish the facts, underscoring the Board's commitment to transparency and corporate governance. This follows an initial intimation on 3rd Apr'26 and represents a key development in a potential regulatory issue for the company.