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Star Housing Finance LtdImportant, 13-07-2026: Company Update

13-07-2026 | 03:40 pm

Star Housing Finance received its annual Secretarial Compliance Report for the year ended March 31, 2026, highlighting several governance shortcomings. The company's board has fewer than the required six directors, and a vacancy remains unfilled. Critical committees, including the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees, also fall short of minimum member requirements, partly due to independent director resignations. The company has not yet submitted its annual audited financial results for FY26. Additionally, detailed reasons for a key managerial personnel's resignation were not fully disclosed, and mandatory website updates were delayed. Management is actively working to address these issues, including board reconstitution.

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