Five-Star Business Finance Limited has informed the Exchange regarding 'Intimation pursuant to Regulation 30 (5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, ( SEBI LODR Regulations )'.
FIVESTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Five-Star Business Finance Limited has confirmed that Mr. Rangarajan Krishnan has resigned as Joint Managing Director & CEO (a Key Managerial Personnel), effective close of business hours on August 14, 2025. This follows an earlier intimation on July 28, 2025 about his exit. The company has now updated its list of authorized persons for exchange communication: Mr. Lakshmipathy Deenadayalan (Chairman & Managing Director), Mr. Srikanth Gopalakrishnan (Joint Managing Director & CFO), and Mr. Vigneshkumar S M (Company Secretary & Compliance Officer). No replacement CEO has been named in this filing.
The sudden exit of the CEO could raise short-term concerns about leadership continuity and strategic direction at the NBFC. However, the Chairman & MD and CFO remain in place, which should help maintain operational stability while the company searches for a new CEO.