Star Housing Finance Ltd — Important, 26-09-2025: Company Update
26-09-2025 | 08:54 pm
26-09-2025 | 08:54 pm
Star Housing Finance's members have approved a significant increase in the company's authorized share capital. It has been raised from Rs. 50 Cr, divided into 10 Cr equity shares of Rs. 5 each, to Rs. 125 Cr, divided into 25 Cr equity shares of Rs. 5 each. This creates an additional 15 Cr equity shares of Rs. 5 each, allowing the company more flexibility for future capital raises. This strategic move is accompanied by a consequential alteration to the Memorandum of Association.
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