Star Housing Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/09/2025 ,inter alia, to consider and approve Terms of Rights Issue ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Star Housing Finance Ltd has scheduled a Rights Issue Committee meeting on September 24, 2025 to finalize key terms of its proposed Rights Issue, including the issue price, rights entitlement ratio, record date, and timing. This follows the Board's earlier approval on September 12, 2025 for a Rights Issue of up to Rs. 99 Crores, comprising fully paid-up equity shares with a face value of Rs. 5 each. Eligible shareholders will be offered the rights shares in accordance with the Companies Act, 2013 and SEBI ICDR Regulations. The trading window for insiders has been closed until 48 hours after the committee meeting concludes.
Existing shareholders will need to evaluate whether to participate in the Rights Issue, as the record date and entitlement ratio are yet to be announced. The Rs. 99 Crore fund raise may dilute existing shareholding but could strengthen the company's capital base for business growth.