Announced Tue, 31 Mar · 11:35 IST

Resignation of Mr. Pradip Kumar Das from the position of Non-Executive Independent Director of the Company with effect from 30th March 2026.

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Price reaction · full curve 14 horizons · vs prior close
+10.1%1-day move
₹3.67
prior close
₹3.75
base price
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+2.7+2.7+2.7+10.1+15.5+21.3+27.2+33.5+46.9+115.5+125.1+104.4+77.4
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AI summary

Mr. Pradip Kumar Das (DIN: 06593113) has resigned from the position of Non-Executive Independent Director of Star Housing Finance Ltd, effective from the close of business hours on 30th March 2026. The reason cited is personal exigencies and unavoidable personal commitments. He has confirmed that there are no other material reasons for his resignation. He continues to serve as an Independent Director on Birla Cotsyn (India) Limited and Time Technoplast Limited, where he chairs or sits on several board committees. The Company Secretary, Nachiketa Purohit, has filed the disclosure under SEBI Listing Regulations.

Likely market impact

This is a routine single independent director exit driven by personal reasons, with no governance red flags. Shareholders should monitor whether the vacancy is filled promptly to maintain board composition compliance under SEBI rules, but there is no material impact expected on the stock price.