ALPHA TRIBE

Star Housing Finance LtdUpdates, 14-08-2025: Company Update

14-08-2025 | 10:58 pm

Star Housing Finance's Board approved its financial results for the quarter ended June 30, 2025, reporting a Net Profit of 1.38 Cr from a Total Income of 21.81 Cr. A final dividend of Rs. 0.10 per share for FY2024-2025 was approved. The company plans to raise up to 50 Cr by issuing Non-Convertible Debentures through private placement. The authorized share capital is set to increase from 50 Cr to 125 Cr. Key leadership changes include the appointment of a Secretarial Auditor and a Chief Compliance Officer, re-appointment of an Executive Director, and two director resignations, alongside committee re-constitutions. These decisions aim to support growth and ensure compliance.

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