Summary of proceedings of 42nd Annual General Meeting (AGM) of Five-Star Business Finance Limited

August 31, 2026 The National Stock Exchange of India Limited, BSE Limited, Capital Market- Listing, Exchange Plaza, Listing department, 5th Floor, Plot No.C/1, G Block 25th Floor, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai – 400051 Mumbai – 400 001 NSE Scrip Code: FIVESTAR BSE Scrip Code: 543663,974905,975246,975598 Dear Sir/ Madam, Sub: Proceedings of the 42nd Annual General Meeting of Five-Star Business Finance Limited (the “Company”) held on Monday, August 31, 2026 at 10.00 AM through VC We refer to our letter dated August 06, 2026, informing you about the 42nd Annual General Meeting (‘AGM’) of the members of the Company scheduled through Video Conference (VC)/Other Audio Visual Means (OAVM) on Monday, August 31, 2026 at 10.00 AM. In this regard, we wish to inform you that the AGM of the Company held today i.e Monday, August 31, 2026., at 10.00 AM (IST) through VC/OAVM mode and the businesses as mentioned in the notice dated July 25, 2026, were transacted in compliance with the circulars issued by Ministry of Corporate Affairs, Securities and Exchange Board of India and other applicable provisions of the Companies Act, 2013. In this regard, please find enclosed herewith the Summary of Proceedings of the 42nd AGM of the Company in compliance with the Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A and Part B of Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, as amended. The above information is also available on the website of the Company at https://fivestargroup.in/compliances/ We request you to kindly to take the above on record. Thanking you, For Five-Star Business Finance Limited Vigneshkumar SM Company Secretary and Compliance Officer Summary of Proceedings of the 42nd Annual General Meeting (AGM) of Five-Star Business Finance Limited The 42nd Annual General Meeting (“AGM”) of the Members of Five-Star Business Finance Limited (“the Company”) was held on Monday, August 31, 2026, at 10:00 A.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), in compliance with the provisions of the Companies Act, 2013, applicable Rules, Secretarial Standards, and in accordance with the circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). Mr. Lakshmipathy Deenadayalan, Chairman & Managing Director, chaired the Meeting and extended a warm welcome to all the Members. Upon confirming the presence of the requisite quorum, the Chairman called the Meeting to order. The Chairman introduced the Independent & Non-Executive Directors present in the AGM, as follows: Name of the Directors Designation Ms Rajeshwari S Independent Director, Chairperson of Audit Committee Independent Director, Chairperson of Risk Management Mr TT Srinivasaraghavan Committee and Customer Service Committee Independent Director, Chairperson of Nomination and Mr Ramkumar Ramamoorthy Remuneration Committee, Stakeholders Relationship Committee and IT Strategy Committee Mr Sreeram Ranganathan Iyer Independent Director Mr Thirulokchand Vasan Non-Executive Director Mr. Srikanth Gopalakrishnan Joint Managing Director & CFO At this juncture, Chairman also thanked Ms. Bhama Krishnamurthy and Mr. Anand Raghavan who had recently stepped down as Independent Directors pursuant to completion of their term of 10 years as Independent Directors, for their contributions to the Company. The Chairman informed the members that Mr. Vigneshkumar S M., Company Secretary & Compliance Officer, was present at the Annual General Meeting. The Chairman stated that Mr. GK Subramaniam, Partner representing M/s Deloitte Haskins & Sells, Statutory Auditors and Mr Sandeep S, Managing Partner representing M/s S Sandeep & Associates, Secretarial Auditors and Scrutiniser for the purpose of remote e voting and voting process at the AGM were also present at the AGM. The Chairman delivered his formal address outlining the performance of the Company during financial year ended March 31, 2026. The Chairman stated that, in accordance with the circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI), the Notice convening the AGM along with the Annual Report for the financial year 2025–26 was circulated electronically to all shareholders whose email addresses were registered with the Company’s Registrar & Transfer Agents (RTA) or Depository Participants. Physical copy was sent only to those shareholders who requested for the same. Further a physical letter with link containing the AGM Notice and Annual report for FY 2026 has been sent to all shareholders whose email addresses were not registered with RTA/Depositories. The Chairman informed that the Statutory Registers as required under the Companies Act, 2013 and other relevant documents mentioned in the Notice were available for inspection in electronic mode, and members seeking to inspect the same may contact the Company Secretary or send an email to secretary@fivestargroup.in. Since there was no physical attendance of members and in compliance with the Circulars issued by MCA and SEBI, the requirement of appointing proxies was not applicable. With the permission of members present, the AGM notice dated July 25, 2026 (“AGM Notice”) along with the explanatory statement and the Annual Report were taken as read, since they were already sent to the members. Members were informed that the Auditors’ report on the financial statements of the Company and the secretarial audit report for the year ended March 31, 2026, did not have any qualifications or observations which may have any adverse effect on the functioning of the Company. Accordingly, with the permission of members, the unqualified Statutory Auditors Report and the Secretarial Auditors report were taken as read. Thereupon Chairman proceeded towards formal agenda. He informed that there were 8 resolutions proposed at the AGM, out of which first four are ordinary business and requires approval of shareholders by means of ordinary resolutions and item nos. 5 to 8, as set out in the AGM notice requires approval of shareholders by means of special resolution. Chairman explained the rationale for the resolutions proposed and informed that the Company has disclosed the detailed rationale and objectives of the resolutions in the explanatory statement to the AGM Notice. The following businesses, as per the AGM Notice, were transacted at the meeting: Ordinary Business 1. Adoption of audited financial statements together with the reports of the Directors’ and Auditor’s for the financial year ended March 31, 2026. 2. Declaration of final dividend at the rate of INR 2/- per equity shares, for the financial Year ended March 31, 2026. 3. Appointment of a director in place of Mr Thirulokchand Vasan (holding DIN: 07679930) who retires by rotation and being eligible, has offered himself for re-appointment. 4. Appointment of M/s Suri & Co, Chennai, Chartered Accountants as Joint Statutory Auditors for a period of 3 consecutive financial years namely, 2026-27, 2027-28 and 2028-29. Special Business 5. Approval for borrowing limits for the Company under section 180(1)(c) of the Companies Act, 2013 up to a sum of INR 13,000 Crores (Indian Rupees Thirteen Thousand Crores only) 6. Approval for creation of charges on the assets of the Company under Section 180(1)(a) of the Companies Act, 2013 up to a sum of INR 13,000 Crores (Indian Rupees Thirteen Thousand Crores only) 7. Offer / invitation to subscribe to Non-Convertible Debentures (NCDs) on private placement basis, in one or more series / tranches, aggregating up to INR 5,000 Crores (Indian Rupees Five Thousand Crores only) 8. Appointment of Mr. Sreeram Ranganathan Iyer (DIN:00472961) as a Non – Executive Independent Director of the Company for a period of five (5) consecutive years from July 25, 2 [Showing first 8,000 characters — download PDF for full document]