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Star Housing Finance LtdImportant, 23-05-2026: Company Update

23-05-2026 · 03:59 pm

Star Housing Finance's Debenture Trustee announced the adjournment of the NCD holders' meeting, initially scheduled to address a payment default on INR 20 Cr worth of Non-Convertible Debentures due May 19. The meeting was postponed due to a lack of quorum. The adjourned meeting is now set for May 29, where debenture holders will consider actions for the continuing default. Discussions will include enforcing security and potentially signing an Inter Creditor Agreement, crucial for addressing the company's financial obligations to its bondholders.

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