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Star Housing Finance LtdImportant, 11-02-2026: Company Update

11-02-2026 | 08:03 pm

Star Housing Finance Limited's board considered and approved the financial results for the quarter and nine-months. The company reported a profit of INR 7.22 crore, with an EPS of INR 1.41. The board also reconstituted its Stakeholder Relationship, Corporate Social Responsibility, and IT Strategy Committees. Auditors highlighted liquidity pressures requiring external funding, delays in employee salaries, and an increased expected credit loss of INR 1.06 crore. The Chief Financial Officer position remains vacant, past the statutory deadline, and director replacements are needed to ensure compliance. The total outstanding NCDs of INR 7.56 crore and INR 2.66 crore have a security cover of 1.10 times each.

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