Intimation of Amendment to Memorandum of Association pursuant to Increase in Authorised Share Capital of the Company.
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At the 20th Annual General Meeting held on September 26, 2025, shareholders of Star Housing Finance Ltd approved an increase in the company's authorised share capital from Rs. 50 crore to Rs. 125 crore. This is being done by creating an additional 15 crore equity shares of Rs. 5 each, which will rank equally with existing shares. The Clause V of the Memorandum of Association has been amended to reflect this change. No change was made to the Articles of Association. The meeting concluded within about 26 minutes.
The increase in authorised share capital gives the company headroom to issue new shares in the future (such as a rights issue, preferential allotment, or QIP) to raise funds, but no such issue has been announced yet. Existing shareholders may see dilution if and when these new shares are actually issued, though the current filing itself does not create any immediate impact on shareholding or stock price.