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 )'.

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

FIVESTAR · price

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Price reactionminutes from the announcement price · days from the prior close

+2.4%Reaction day

₹583.20

prior close

₹589.40

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.3%+1.1% vs market

Non Banking Financial Company (NBFC) peers, median of 196sector+0.9%+1.5% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Smallcap 250 and 1.5 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.2

15m

+0.2

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4+1.3+1.1+0.9+1.5

Next day

+0.8+2.1-1.3+1.5-0.7

-0.5+2.4-3.0+0.7-1.3

+0.4+2.5-2.2+1.0-0.6

+0.8+2.4-1.5+0.5+0.3

-1.1+2.4-3.5+1.0-2.1

-5.1-0.6-4.5-0.2-4.9

15d

-9.0+1.9-10.9+0.3-9.3

-7.6+5.0-12.6+1.7-9.3

-9.0+3.1-12.1-1.0-8.0

+6.7+2.2+4.5-1.7+8.4

UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 196Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.