Five-Star Business Finance Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Five-Star Business Finance Limited submitted declarations from three promoters (Lakshmipathy Deenadayalan, Hema Deenadayalan, and Shritha Lakshmipathy) under SEBI's substantial acquisition regulations. The filings confirm that as of March 31, 2026, no new share encumbrances or pledges were created during the financial year. Most importantly, all three promoters declared that zero shares are currently encumbered or pledged, indicating no promoter shares are held against any loans or borrowings.
The nil pledge status is positive for shareholders as it means promoter holdings are not at risk of forced sale due to loan defaults. This reduces concerns about sudden supply pressure from margin call liquidations.