The Company hereby intimate that Mr. Kavish Jain (DIN: 02041197) vide his letter dated 13.08.2025 has tendered his resignation from the position of Executive Director of the Company with ....
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Star Housing Finance Ltd has informed the BSE that Mr. Kavish Jain (DIN: 02041197) has resigned from the position of Executive Director with effect from August 15, 2025. His resignation is subject to RBI approval as required under the Master Direction for Housing Finance Companies. Along with the Executive Director role, he will also step down from the Audit Committee, Stakeholder Relationship Committee, and Corporate Social Responsibility Committee. The resignation letter cites 'personal reasons and unavoidable circumstances,' with no further details disclosed.
This is a single senior-level exit at a small-cap housing finance company with no reason provided beyond personal reasons, which may raise some governance questions among investors. The resignation requires RBI clearance before becoming effective, so the final impact on board composition remains pending regulatory approval.