The Company has received a request for reclassification from ''Promoter and Promoter Group'' category to ''Public'' category.
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Awaiting price reaction for this filing.
Star Housing Finance Ltd has received a request dated 14th July 2025 from 8 shareholders seeking reclassification from the 'Promoter and Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. These shareholders collectively hold 10,51,014 equity shares, representing 1.33% of the company's equity share capital. The largest holders among them are Aarsh Fincon Limited (0.72%), Anil Kumar Jain (0.28%), Kailash Jain (0.20%) and Shilpa Jain (0.11%). The applicants have confirmed they do not exercise control, have no board representation, and collectively hold less than 10% of voting rights. The company will now process the reclassification as per applicable SEBI regulations.
This is a small, procedural change that reduces the formal promoter group shareholding by just 1.33%. Unlikely to have a material impact on stock price or shareholder value, though it may slightly alter the publicly reported promoter vs public shareholding split.