Regulatory14 Apr 2026, 03:33 pm
Star Housing Finance appoints auditor for NHB snap audit
AI Summary
Star Housing Finance Ltd has appointed Ahmedabad-based M/s. Parikh & Associates, Chartered Accountants, to conduct a comprehensive external audit. This audit is in response to a Snap Audit Report issued by the National Housing Bank (NHB). The company clarified that the matter under review is currently at the suspicion stage, and the existence of irregularities has not yet been substantiated. The audit aims to objectively and independently establish the facts, reflecting the Board's and Management's commitment to transparency, accountability, and high standards of corporate governance.
Key Highlights
- SHFL appoints M/s. Parikh & Associates for external audit.
- Audit addresses NHB's Snap Audit Report.
- Irregularities are currently unproven suspicions.
- Move reflects commitment to transparency and governance.