Mumbai (Maharashtra) [India], December 7 (ANI/PNN): Star Housing Finance Limited (Star HFL) (Scrip code: BOM: 539017), a rural focused HFC, has received the members' consent for a bonus issue at its shareholders' meeting held on December 6, 2022. The shareholders have also approved the proposal to split the company's shares. The board of directors of the company has fixed December 16, 2022, as the record date for the purpose of bonus issue and share split. The members of the company approved a bonus issue in the ratio of 1:1 i.e. One new bonus equity share for every one existing fully paid-up equity share and subdivision of the company's one equity share of the face value of Rs 10 each into two equity shares of the face value of Rs 5 each. Speaking on the occasion, Ashish Jain, MD of Star HFL said, "Star HFL board has declared Dec 16, 2022 as the record date for subdivision and bonus for shareholders. This action is consistent with our philosophy of creating sustai
Star Housing Finance Limited Board Declares Record Date For Subdivision Of Shares (Split 1:2) And Bonus (1:1) For Shareholders webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
Mumbai (Maharashtra) [India], October 19 (ANI/PNN): STAR Housing Finance Limited (Star HFL), a BSE listed (BSE Scrip code BOM: 539017) rural centric home finance company has registered record operational performance for the first half of the current financial year
Mumbai (Maharashtra) [India], August 8 (ANI/PNN): Star Housing Finance Limited (Star HFL) (Scrip code: BOM: 539017), a rural-focused HFC, has raised USD 2.7 mn capital through preferential allotment. The capital has been subscribed by Arika Securities Pvt Ltd and Colo Securities Pvt Ltd. This capital raise has been completed through the initiative of Kamlesh Shah. Shah is MD of Share India Securities Ltd, a three-decade veteran in the capital market, and president of ANMI (Association of National Exchanges Members of India), a pan India body comprising the trading members across the country of (NSE) (BSE), (MCX) and other exchanges having national presence and he is also on the advisory committee of BSE Limited and India INX. This raise has augmented the net worth past Rs 85 crs strengthening the capital adequacy and rationalizing the leverage levels. It provides Star HFL with an opportunity to increase AUM by further building liability on the balance sheet. This equity infusion is a p