Star Housing Finance Ltd — Others, 14-08-2025: Corp Action

The company's board has approved the financial results for the quarter ended June 30, 2025, reporting a profit of 1.38 Cr and total income of 21.81 Cr. The board also proposed a final dividend of Rs. 0.10 per equity share for FY2024-25. Key strategic decisions include a plan to issue non-convertible debentures up to Rs. 50 Cr and an increase in authorized share capital from Rs. 50 Cr to Rs. 125 Cr. Additionally, certain promoters are seeking re-classification to the public category. Board composition saw changes with an executive director's re-appointment, two director resignations, and the appointment of a Chief Compliance Officer. Board committees were also re-constituted.