Announcement under Regulation 30 as per the attached file.
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Star Housing Finance Ltd has provided an update on the NHB Snap Audit matter. The company had shortlisted M/s. Parikh & Associates, Chartered Accountants, to conduct a comprehensive external audit. However, this appointment has been put on hold as per Board and Management instructions. The company clarifies that the matter remains at the 'suspicion' stage and no irregularities have been substantiated yet. Further developments will be communicated in due course.
The pause in the external audit appointment suggests management is still evaluating the situation before committing to external review. Since no irregularities have been confirmed, shareholders need not panic but should monitor for further updates as this relates to a regulatory audit by NHB.