Notice of the 41st Annual General Meeting of Five-Star Business Finance Limited which is scheduled to be held on Tuesday, September 09, 2025, at 10.00 AM (IST) through Video conferencing (VC)/ Other Audio Visual Means ('OAVM')
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 has called its 41st AGM on September 9, 2025 at 10:00 AM via video conferencing. Shareholders will consider adopting the FY25 audited financials, declaring a final dividend of ₹2 per share (200% of face value of ₹1) with record date August 14, 2025, and re-appointing director Mr Thirulokchand Vasan who retires by rotation. The company also seeks shareholder approval to appoint M/s S. Sandeep & Associates as Secretarial Auditors for five years from FY26 to FY30 at ₹2.20 lakh per year. Additionally, special resolutions are proposed to raise the borrowing limit to ₹12,000 crore and to issue Non-Convertible Debentures up to ₹4,000 crore on a private placement basis. E-voting will be open from September 6 to September 8, 2025, with cut-off date September 2, 2025.
Routine AGM notice, but the ₹2 final dividend and the significant expansion of borrowing and NCD issuance limits (₹12,000 crores and ₹4,000 crores respectively) signal management's intent to ramp up lending growth, which is positive for business expansion but will increase leverage for shareholders to monitor.