Five-Star Business Finance Limited — Board Meeting, 29-10-2024: Outcome of Board Meeting

Five-Star Business Finance Limited's Board approved unaudited financial results for Q2 FY2024, showing a revenue increase to ₹70,204.95 lakhs. Profit after tax rose to ₹26,793.70 lakhs. The Board recommended amendments to the Articles of Association and approved reclassifying certain institutional promoters to public shareholders. A postal ballot will be issued for shareholder approval. Additionally, the company confirmed no deviations in utilizing proceeds of its recent non-convertible debentures.