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Star Housing Finance Ltd provides loans for the purchase, construction, development and repair of houses, apartments and commercial properties in IndiaBusiness Overview: Star HFL is registered as a Non-Deposit Taking Non- Banking finance Company - Housing Finance Company (HFC). It is a rural-focused housing finance company operational in affordable housing...
Star Housing Finance Limited is engaging with a potential investor interested in acquiring a majority stake from existing promoters and the single largest shareholder, facilitating their complete exit. The investor also proposes injecting funds to strengthen the balance sheet. Following input from this potential investor, two Independent Directors have been...
Star Housing Finance Limited has received a critical order from the National Housing Bank (NHB) classifying the company's account as 'Fraud.' This significant development stems from a Forensic Audit conducted by auditors appointed by the NHB. The company's management is actively reviewing this order to determine and implement the appropriate...
Star Housing Finance Limited's (SHFL) non-convertible debentures worth 250 Cr and bank loan facilities totaling 450 Cr have been migrated to 'IND D (ISSUER NOT COOPERATING)' by India Ratings and Research. This action stems from SHFL's lack of participation in the rating exercise and failure to provide updated information despite...
Star Housing Finance Limited has published newspaper advertisements concerning a Postal Ballot notice for its shareholders. Members are invited to cast their votes electronically on crucial resolutions. These include the proposed appointments of Mr. Yogesh Limbachiya as a nominee director and Ms. Shweta Mehta and Mr. Abhaykumar J. Pal as...
Star Housing Finance Limited held a board meeting on August 13, 2026. The board authorized a postal ballot to seek shareholder approval for the appointment of new directors. To ensure transparency, Mr. Rinkesh Gala, Partner of M/s. RA Gala & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer...