Star Housing Finance Ltd

Star Housing Finance Legal & Regulatory

Star Housing Finance corrected the forensic audit firm's name in its September intimation. The correct auditor is Ravi Rajan & Co. LLP, not Ravi Ranjan.

Star Housing Finance Debt & Borrowing

Star Housing Finance Limited defaulted on interest and principal payments for its Secured Non-Convertible Debentures (ISIN: INE526R07017). The default occurred on 19th September 2026.

Star Housing Finance Other Announcement

Star Housing Finance received ROC approval to extend its Annual General Meeting date by three months, now due by December 31, 2026.

Star Housing Finance Annual General Meeting

Star Housing Finance Ltd released the voting results and Scrutiniser's report for its recent postal ballot. Shareholders passed three resolutions, including appointing a Nominee Director.

Star Housing Finance Other Announcement

Star Housing Finance has shifted its registered office to Andheri East, extended an advisor's tenure, and noted a lender-appointed forensic audit.

Star Housing Finance Merger & Restructuring

Star Housing Finance announced it is negotiating with a potential investor for a majority stake acquisition and fund infusion, leading to a complete promoter transition.

Star Housing Finance Legal & Regulatory

Star Housing Finance corrected the default dates for its NCDs (ISIN INE526R07017) previously disclosed on July 31, 2026. The actual default dates are now specified.

Star Housing Finance Credit Rating

Star Housing Finance reported that India Ratings migrated its NCDs and bank loan facilities to the 'IND D (Issuer Not Cooperating)' category.

Star Housing Finance Debt & Borrowing

Star Housing Finance has reported a default in the timely payment of interest or principal obligations for its Secured Non-Convertible Debentures.

Star Housing Finance Annual General Meeting

Star Housing Finance issued a Postal Ballot Notice to seek shareholder approval for the appointment of one Nominee Director and two Independent Directors.

Star Housing Finance Board Meeting Outcome

Star Housing Finance's board approved seeking shareholder approval via postal ballot to appoint directors. The company also appointed a scrutinizer to oversee the e-voting process.

Star Housing Finance Merger & Restructuring

Star Housing Finance informed that certain promoters and shareholders signed a non-binding Letter of Intent to sell a 33.52% stake to Cateye Consultancy Services Private Limited.

Star Housing Finance Debt & Borrowing: ₹1.06 Cr

Star Housing Finance Limited reported a default on its Secured NCDs, with a total outstanding principal and interest amount of Rs. 1.06 Crore.

Value

₹1.06 Cr

Star Housing Finance Other Announcement

Star Housing Finance Ltd filed its quarterly shareholding pattern for the period ending June 30, 2026. The filing details holdings across promoter and public categories.

Star Housing Finance Legal & Regulatory

Star Housing Finance filed its FY 2026 Secretarial Compliance Report. The report identifies multiple regulatory non-compliances regarding board and committee compositions following director resignations.

Star Housing Finance Promoter Reclassification

Star Housing Finance's board rejected a promoter request for reclassification to the public category. The decision cited current liquidity challenges and ongoing revival efforts.

Star Housing Finance Management Change

Star Housing Finance Ltd has appointed Mr. Abhaykumar J. Pal as an Additional Non‑Executive Independent Director, effective 7 July 2026. His term is for one year.

Star Housing Finance Promoter Reclassification

Star Housing Finance received reclassification requests from promoters to move to the public category. The request follows SEBI Regulation 31A guidelines.

Star Housing Finance Other Announcement

Star Housing Finance appointed Mr. Kalpesh Dave as an external advisor. He will provide consultancy on business strategy, finance, and operations.

Star Housing Finance Management Change

Executive Director and CEO Mr. Kalpesh Dave has ceased employment effective June 26, 2026. This follows the completion of his appointment tenure.

Star Housing Finance Management Change

Star Housing Finance Ltd appointed Ms. Shweta Mehta as an Additional Non-Executive Independent Director. The appointment strengthens board independence and governance.

Star Housing Finance Debt & Borrowing: ₹20 Cr

Star Housing Finance adjourned its NCD holders meeting to May 29, 2026, due to lack of quorum. The meeting addresses defaults on ₹20 Crore debentures.

Value

₹20.00 Cr

Star Housing Finance Debt & Borrowing: ₹0.54 Cr

Star Housing Finance Limited defaulted on Rs. 0.54 Crore in NCD obligations. The company is actively working to clear the overdue interest and principal amounts.

Value

₹0.54 Cr

Star Housing Finance Fund Raise of ₹200 Cr

Star Housing Finance received a Letter of Intent for a ₹200 Crore equity infusion from Bassinvictus Private Limited. The investor seeks a majority stake.

Value

₹200.0 Cr

Star Housing Finance Business Update

Star Housing Finance Ltd has put the appointment of M/s. Parikh & Associates for a comprehensive external audit on hold. The audit was related to an NHB Snap Audit Report. The company clarified that the matter remains at a stage of unsubstantiated suspicion.

Star Housing Finance Other Announcement

Star Housing Finance Ltd has been informed by the National Housing Bank (NHB) regarding a forensic and transactional audit. The audit, authorized to Ravi Rajan & Co. LLP, commenced on April 30, 2026. This regulatory oversight event has been placed on record with the exchange.

Execution

Commencing April 30, 2026

Star Housing Finance Debt & Borrowing: ₹388.7 Cr

Star Housing Finance Limited filed an initial disclosure confirming it is not identified as a Large Corporate for FY 2026. The company reported outstanding borrowings of ₹388.67 Crore as of March 31, 2025. It maintains credit ratings of IND BBB/Stable and CARE BBB.

Value

₹388.7 Cr

Star Housing Finance Debt & Borrowing: ₹20 Cr

Star Housing Finance Ltd is seeking a 14-day extension for a ₹20.0 Crore NCD payment following a Put Option exercise. A meeting of debenture holders is scheduled for May 22, 2026, to discuss enforcement of security and an Inter-Creditor Agreement. The company is currently on-boarding a new investor to infuse liquidity.

Value

₹20.00 Cr

Star Housing Finance Other Announcement

Star Housing Finance Ltd has appointed M/s. Parikh & Associates to conduct an independent external audit regarding a National Housing Bank Snap Audit Report. The audit aims to objectively investigate suspected irregularities that remain unsubstantiated. This move reflects the board's commitment to transparency and high corporate governance standards.

Star Housing Finance Management Change

Star Housing Finance Ltd has proposed the appointment of Mr. Anil Sachidanand and Mr. Ashish Jain as Additional Non-Executive Directors. Both appointments are subject to prior approval from the Reserve Bank of India. The move aims to strengthen the board with experienced professionals from the banking and housing finance sectors.