Board Meeting26 Oct 2026, 05:20 pm
Five-Star Business Finance Board Approves Unaudited Results, Appoints CRO
AI Summary
Five-Star Business Finance Ltd announced the outcome of its Board meeting held on October 26, 2026. The Board approved the unaudited financial results for the quarter and half-year ended September 30, 2026, along with the limited review report from its joint statutory auditors, Deloitte Haskins & Sells and Suri and Co. The review report received an unmodified opinion. Additionally, the Board approved the appointment of Mr. Shankar Subramanian as the new Chief Risk Officer, effective October 26, 2026, replacing Mr. Jayaraman S who has moved internally. The company also submitted disclosures as per SEBI LODR Regulations, including security cover certificates and related party transactions.
Key Highlights
- Unaudited financial results for Q2 FY27 and H1 FY27 approved.
- Limited review report from joint statutory auditors received with unmodified opinion.
- Mr. Shankar Subramanian appointed as Chief Risk Officer.
- Mr. Jayaraman S steps down as Chief Risk Officer due to internal movement.
- Disclosures regarding security cover and related party transactions submitted.
Price Impact
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