Star Housing Finance Ltd — Important, 26-09-2025: Company Update
26-09-2025 | 09:29 pm
26-09-2025 | 09:29 pm
Star Housing Finance Limited's 20th Annual General Meeting approved significant steps to bolster capital and funding. Shareholders adopted the FY2024-25 financial statements and approved a final dividend of Rs. 0.10 per equity share. The authorized share capital increased from 50 Cr to 125 Cr, with borrowing limits expanded to 1,000 Cr. A 98.27 Cr Rights Issue at Rs. 16 per share (ratio 7:9) was also approved. Additionally, the company secured a new 50.00 Cr term loan from SBI to boost lending capacity. These measures position the company for accelerated growth in affordable housing finance.
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