FIVE-STAR BUSINESS FINANCE LTD.
NSE : FIVESTARBSE : 543663ISIN
CODE : INE128S01021Industry : Finance - NBFCHouse
: Private
BSE739.95-0.05 (-0.01 % )
PREV CLOSE (Rs.) 740.00
OPEN PRICE (Rs.) 742.85
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 4481
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE740.60 1.35 (+0.18 % )
PREV CLOSE(Rs.) 739.25
OPEN PRICE (Rs.) 751.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 12847
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 06-May-2024 | Five-Star Business Finance informs about analyst meet | <p style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (SEBI LODR) read with Part A of Schedule III to SEBI LODR, Five-Star Business Finance has informed that the officials of the Company will be meeting Investors/Analysts in Singapore, as per the details enclosed. Further, it has informed that the copy of Investor Presentation has been uploaded on the website of the Company at https://fivestargroup.in/investors/ and intimated to the Stock Exchanges vide letter dated April 30, 2024. Discussions will be based on publicly available information. No unpublished price sensitive information (UPSI) is intended to be discussed during the meeting. </p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 06-May-2024 | Appointment of Director | Inter alia, approved:- 1. Change in Statutory Auditors effective from conclusion of 40th Annual General Meeting (AGM) Recommended the appointment of M/s Deloitte Haskins & Sells, Chartered Accountants, as the Statutory Auditors of the Company for a continuous period of three years from the conclusion of 40th AGM up to the conclusion of 43rd AGM for approval of the shareholders. The existing statutory auditors, M/s S.R. Batliboi & Associates LLP, will be holding office upto the conclusion of the ensuing 40th AGM. 2. Taking note of the resignation letter received from Mr Vikram Vaidyanathan, Non- Executive Director: Matrix Partners India Investment Holdings II, LLC, one of the Institutional promoters proposes to reclassify the entity status from being a Promoter to public, post completion of the lock-in requirement in relation to initial public offer of the Company, as per Securities and Exchange Board of India (Issue of Capital Disclosure Requirements) Regulations, 2021 and subject to receipt of requisite approvals from the Board, shareholders of the Company and the stock exchanges. The promoter lock-in requirement pursuant to initial public offer ends on May 17, 2024. Further, the reclassification of status of a promoter to public shall be permitted by the stock exchanges only upon satisfaction of few conditions including, holding less than 10% of the total voting rights, no representation on the Board of Directors of the listed entity, etc. Since one of the conditions stipulate that the promoter entity should not have a representation on the Board of directors of the listed entity, Mr Vikram Vaidyanathan (DIN: 06764019), Non ? Executive Director (nominee of Matrix Partners India Investment Holdings II, LLC) has expressed his intention to step down as a Director of the Company effective the close of business hours on April 30, 2024 vide his Resignation Letter dated April 30, 2024 which has been taken note by the Board. 3.Taking note of the resignation letter received from Mr G V Ravishankar, Non-Executive Director: Peak XV Partners Investments V (formerly known as SCI Investments V), one of the Institutional promoters proposes to reclassify the entity status from being a Promoter to public, post completion of the lock-in requirement in relation to initial public offer of the Company, as per Securities and Exchange Board of India (Issue of Capital Disclosure Requirements) Regulations, 2021 and subject to receipt of requisite approvals from the Board, shareholders of the Company and the stock exchanges. The promoter lock-in requirement pursuant to initial public offer ends on May 17, 2024. Further, the reclassification of status of a promoter to public shall be permitted by the stock exchanges only upon satisfaction of few conditions including, holding less than 10% of the total voting rights, no representation on the Board of Directors of the listed entity, etc. Since one of the conditions stipulate that the promoter entity should not have a representation on the Board of directors of the listed entity, Mr G V Ravishankar (DIN: 02604007), Non ? Executive Director (as a nominee of Peak XV Partners Investments V, formerly known as SCI Investments V), has expressed his intention to step down as a Director of the Company effective the close of business hours on April 30, 2024 vide his Resignation Letter dated April 30, 2024 which has been taken note by the Board. 4. Appointment of Chief Risk Officer Pursuant to Master Directions ? Reserve Bank of India (Non-Banking Financial Company Scale Based Regulation) Directions, 2023, the tenure of Mr Jayaraman S as Chief Risk Officer of the Company has been extended for a further period of 1 year w.e.f June 1, 2024. 5.Code of Fair Disclosure Pursuant to Regulation 8(1) read with 8(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Code of Fair Disclosure as reviewed and approved by the Board of Directors. |
| 06-May-2024 | Resignation of Director | Inter alia, approved:- 1. Change in Statutory Auditors effective from conclusion of 40th Annual General Meeting (AGM) Recommended the appointment of M/s Deloitte Haskins & Sells, Chartered Accountants, as the Statutory Auditors of the Company for a continuous period of three years from the conclusion of 40th AGM up to the conclusion of 43rd AGM for approval of the shareholders. The existing statutory auditors, M/s S.R. Batliboi & Associates LLP, will be holding office upto the conclusion of the ensuing 40th AGM. 2. Taking note of the resignation letter received from Mr Vikram Vaidyanathan, Non- Executive Director: Matrix Partners India Investment Holdings II, LLC, one of the Institutional promoters proposes to reclassify the entity status from being a Promoter to public, post completion of the lock-in requirement in relation to initial public offer of the Company, as per Securities and Exchange Board of India (Issue of Capital Disclosure Requirements) Regulations, 2021 and subject to receipt of requisite approvals from the Board, shareholders of the Company and the stock exchanges. The promoter lock-in requirement pursuant to initial public offer ends on May 17, 2024. Further, the reclassification of status of a promoter to public shall be permitted by the stock exchanges only upon satisfaction of few conditions including, holding less than 10% of the total voting rights, no representation on the Board of Directors of the listed entity, etc. Since one of the conditions stipulate that the promoter entity should not have a representation on the Board of directors of the listed entity, Mr Vikram Vaidyanathan (DIN: 06764019), Non ? Executive Director (nominee of Matrix Partners India Investment Holdings II, LLC) has expressed his intention to step down as a Director of the Company effective the close of business hours on April 30, 2024 vide his Resignation Letter dated April 30, 2024 which has been taken note by the Board. 3.Taking note of the resignation letter received from Mr G V Ravishankar, Non-Executive Director: Peak XV Partners Investments V (formerly known as SCI Investments V), one of the Institutional promoters proposes to reclassify the entity status from being a Promoter to public, post completion of the lock-in requirement in relation to initial public offer of the Company, as per Securities and Exchange Board of India (Issue of Capital Disclosure Requirements) Regulations, 2021 and subject to receipt of requisite approvals from the Board, shareholders of the Company and the stock exchanges. The promoter lock-in requirement pursuant to initial public offer ends on May 17, 2024. Further, the reclassification of status of a promoter to public shall be permitted by the stock exchanges only upon satisfaction of few conditions including, holding less than 10% of the total voting rights, no representation on the Board of Directors of the listed entity, etc. Since one of the conditions stipulate that the promoter entity should not have a representation on the Board of directors of the listed entity, Mr G V Ravishankar (DIN: 02604007), Non ? Executive Director (as a nominee of Peak XV Partners Investments V, formerly known as SCI Investments V), has expressed his intention to step down as a Director of the Company effective the close of business hours on April 30, 2024 vide his Resignation Letter dated April 30, 2024 which has been taken note by the Board. 4. Appointment of Chief Risk Officer Pursuant to Master Directions ? Reserve Bank of India (Non-Banking Financial Company Scale Based Regulation) Directions, 2023, the tenure of Mr Jayaraman S as Chief Risk Officer of the Company has been extended for a further period of 1 year w.e.f June 1, 2024. 5.Code of Fair Disclosure Pursuant to Regulation 8(1) read with 8(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Code of Fair Disclosure as reviewed and approved by the Board of Directors. |
| 06-May-2024 | Resignation of Statutory Auditor | Inter alia, approved:- 1. Change in Statutory Auditors effective from conclusion of 40th Annual General Meeting (AGM) Recommended the appointment of M/s Deloitte Haskins & Sells, Chartered Accountants, as the Statutory Auditors of the Company for a continuous period of three years from the conclusion of 40th AGM up to the conclusion of 43rd AGM for approval of the shareholders. The existing statutory auditors, M/s S.R. Batliboi & Associates LLP, will be holding office upto the conclusion of the ensuing 40th AGM. 2. Taking note of the resignation letter received from Mr Vikram Vaidyanathan, Non- Executive Director: Matrix Partners India Investment Holdings II, LLC, one of the Institutional promoters proposes to reclassify the entity status from being a Promoter to public, post completion of the lock-in requirement in relation to initial public offer of the Company, as per Securities and Exchange Board of India (Issue of Capital Disclosure Requirements) Regulations, 2021 and subject to receipt of requisite approvals from the Board, shareholders of the Company and the stock exchanges. The promoter lock-in requirement pursuant to initial public offer ends on May 17, 2024. Further, the reclassification of status of a promoter to public shall be permitted by the stock exchanges only upon satisfaction of few conditions including, holding less than 10% of the total voting rights, no representation on the Board of Directors of the listed entity, etc. Since one of the conditions stipulate that the promoter entity should not have a representation on the Board of directors of the listed entity, Mr Vikram Vaidyanathan (DIN: 06764019), Non ? Executive Director (nominee of Matrix Partners India Investment Holdings II, LLC) has expressed his intention to step down as a Director of the Company effective the close of business hours on April 30, 2024 vide his Resignation Letter dated April 30, 2024 which has been taken note by the Board. 3.Taking note of the resignation letter received from Mr G V Ravishankar, Non-Executive Director: Peak XV Partners Investments V (formerly known as SCI Investments V), one of the Institutional promoters proposes to reclassify the entity status from being a Promoter to public, post completion of the lock-in requirement in relation to initial public offer of the Company, as per Securities and Exchange Board of India (Issue of Capital Disclosure Requirements) Regulations, 2021 and subject to receipt of requisite approvals from the Board, shareholders of the Company and the stock exchanges. The promoter lock-in requirement pursuant to initial public offer ends on May 17, 2024. Further, the reclassification of status of a promoter to public shall be permitted by the stock exchanges only upon satisfaction of few conditions including, holding less than 10% of the total voting rights, no representation on the Board of Directors of the listed entity, etc. Since one of the conditions stipulate that the promoter entity should not have a representation on the Board of directors of the listed entity, Mr G V Ravishankar (DIN: 02604007), Non ? Executive Director (as a nominee of Peak XV Partners Investments V, formerly known as SCI Investments V), has expressed his intention to step down as a Director of the Company effective the close of business hours on April 30, 2024 vide his Resignation Letter dated April 30, 2024 which has been taken note by the Board. 4. Appointment of Chief Risk Officer Pursuant to Master Directions ? Reserve Bank of India (Non-Banking Financial Company Scale Based Regulation) Directions, 2023, the tenure of Mr Jayaraman S as Chief Risk Officer of the Company has been extended for a further period of 1 year w.e.f June 1, 2024. 5.Code of Fair Disclosure Pursuant to Regulation 8(1) read with 8(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Code of Fair Disclosure as reviewed and approved by the Board of Directors. |
| 02-May-2024 | Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s | Change in Statutory Auditors effective from conclusion of 40th Annual General Meeting (AGM) |
| 10-Apr-2024 | Five-Star Business Finance informs about compliance certificate | <div>Five-Star Business Finance has informed that it enclosed certificate from S Sandeep & Associates, Practicing Company Secretaries pursuant to Regulation 40(9) of the Securities Exchange Board of India (Listing Obligation and Disclosure Requirements), Regulation, 2015 as amended from time to time, for year ended March 31, 2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 27-Mar-2024 | Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | Intimation of allotment of 1,67,590 equity shares pursuant to exercise of Employee Stock Options |
| 23-Mar-2024 | Five-Star Business Finance informs about allotment of equity shares | <p style="text-align: justify;">Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, Five-Star Business Finance has informed that the Business & Resource Committee of the Board had allotted 1,67,590 Equity shares of INR 1.00 each on March 23, 2024, pursuant to exercise of stock options under Five-Star Associate Stock Option Scheme, 2015 and Five-Star Associate Stock Option Scheme, 2018. The paid-up share capital of the Company has accordingly increased from INR 29,22,81,630 consisting of 29,22,81,630 equity shares having a face value of INR 1.00 each to INR 29,24,49,220 consisting of 29,24,49,220 equity shares having a face value of INR 1.00 each. Further, it has confirmed that the above allotted shares shall rank with the existing equity shares of the Company. The Company is in the process of completing the other formalities with respect to listing of the said allotted shares. Details pursuant to SEBI Circular dated July 13, 2023, on disclosure of material events / information by listed entities under Regulations 30 and 30A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 19-Mar-2024 | Five-Star Business Finance informs about analyst meet | <div style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 (SEBI LODR) read with Part A of Schedule III to SEBI LODR, Five-Star Business Finance has informed that the officials of the Company will be meeting Investors/Analysts ‘Grandeur Peak Fund' on March 19, 2024 in (1*1) basis. Further, copy of Investor Presentation has been uploaded on the website of the Company at https://fivestargroup.in/investors/ and intimated to the Stock Exchanges vide letter dated February 01, 2024. Discussions will be based on publicly available information. No unpublished price sensitive information (UPSI) is intended to be discussed during the meeting. </div><div style="text-align: justify;"><br></div><div>The above information is a part of company's filings submitted to BSE. </div> |
| 28-Feb-2024 | Five-Star Business Finance informs about analyst meet | <div>Five-Star Business Finance has informed that the officials of the Company will be meeting Investors/Analysts as per the details enclosed.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
