Five-Star Business Finance Ltd. Reports Successful 42nd AGM Outcomes

Five-Star Business Finance Limited announced the results of its 42nd Annual General Meeting (AGM), which was conducted on August 31, 2026, via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 10:00 AM IST and concluded at 11:09 AM IST.

All eight resolutions presented at the AGM were passed by the company's members with the requisite majority. These resolutions included the adoption of the audited financial statements for the financial year ended March 31, 2026, the declaration of a final dividend for the same financial year, the appointment of a director to replace Mr. Thirulokchand Vasan, and the appointment of M/s Suri and Co. as Joint Statutory Auditors. Additionally, special resolutions were passed concerning the fixing of borrowing limits for the company, the creation of charges on the company's assets, the offer for subscribing to Non-Convertible Debentures (NCDs) on a private placement basis, and the appointment of Mr. Sreeram Ranganathan Iyer as a Non-Executive Independent Director.

The voting results, along with the Scrutinizer's report on e-voting, have been submitted to the National Stock Exchange of India Limited and BSE Limited. These documents are also available on the company's website and the e-voting agency's website.