Proposal to Change in the Registered Office of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.3 pts more than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board of Star Housing Finance Ltd, at its meeting on February 4, 2026, approved three items. First, it recommended reclassifying four outgoing promoters (Nirmal Kumar Jain, Manju Devi Jain, Dipesh Jain, and Jenisha Jain) collectively holding 24,71,726 equity shares (3.13% of equity capital) from the 'Promoter and Promoter Group' category to the 'Public' category, subject to shareholder and stock exchange approval. Second, the Audit Committee was reconstituted, with Mr. Amlendra Prasad Saxena replacing Mrs. Neelam Tater as a member, while Mr. Pradip Kumar Das continues as Chairman. Third, the board approved shifting the registered office from Borivali East, Mumbai to Vashi, Navi Mumbai, pending shareholder, ROC, and other regulatory approvals.
The promoter reclassification reduces the formal promoter group by 3.13% and signals those shareholders stepping away from promoter status, which could modestly increase the public float. The registered office shift within the Mumbai metropolitan region is administrative and unlikely to materially affect operations or stock price.