BSECompany Update27 Aug 2026 · 27 Aug 2026, 04:06 pm
As per the attachment.
Star Housing Finance Ltd · 539017
✦ AI SummaryPromoter Reclassif.
Star Housing Finance Ltd has informed BSE that it is engaging with a potential investor who has expressed interest in acquiring a majority stake in the Company through share purchase and infusing funds to strengthen the balance sheet.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern8/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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Full Announcement
Star Housing Finance Ltd - 539017 - General Update In Reference To Intimation Dated 13Th August 2026
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DATE: 27.08.2026
ISIN: INE526R01028
SCRIP CODE: 539017
SCRIP ID: STARHFL
BSE LIMITED,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai -400001
SUB: Update on Intimation dated 13th August 2026.
Dear Sir/Madam,
This is to inform you that, in continuation of our intimation dated 13th August 2026, regarding the Letter of Intent executed
by certain shareholders of the Company with Cateye Consultancy Services Private Limited, the Company is currently engaging
with a potential investor.
The said investor has expressed interest in acquiring a majority stake in the Company through purchase of shares held by the
promoters as well as the single largest shareholder, thereby facilitating their complete exit. In addition, the investor has
proposed infusion of funds through the primary route to strengthen the balance sheet, subject to requisite approvals.
Further, pursuant to the recommendation of the potential investor, two Independent Directors have already been appointed
to the Board. The process of further strengthening the Board, including induction of Executive Directors, shall continue in
due course, subject to necessary approvals.
These measures are expected to result in new ownership, a complete transition of the existing promoters and the current
single largest shareholder, and are being undertaken with the objective of safeguarding stakeholder value and ensuring
revival of the Company.
This is for your information & records.
Thanking you,
For Star Housing Finance Limited
Nachiketa Purohit
Company Secretary & Compliance Officer
M.No. A25011