Voting results and Scrutinizer''s report of the 20th AGM held on September 26, 2025
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 Limited held its 20th Annual General Meeting on September 26, 2025, via video conferencing. All 9 resolutions were passed with overwhelming shareholder support, each receiving approximately 100% of votes in favour. Key items approved include adoption of audited financial statements for FY25, a final dividend of Rs. 0.10 per equity share (face value Rs. 5), re-appointment of Executive Director & CEO Mr. Kalpesh Rajendra Dave, increase in authorized share capital with amendment to the MOA, appointment of D.M. Zaveri & Co as Secretarial Auditor, increase in borrowing powers under Section 180(1)(c), higher charge-creation limits under Section 180(1)(a), approval to sell/transfer loan assets via securitisation or direct assignment, and an increase in managerial remuneration for the CEO. Out of 9,616 total shareholders on record date, 39 attended the meeting via VC, and 25,315,100 votes (about 32.06% of outstanding shares) were polled.
Shareholders have cleared a dividend of Rs. 0.10 per share for FY25 and given the company a green light to raise more borrowings, expand its authorized capital, and securitise loan assets — signalling potential fund-raising and balance sheet expansion ahead. The near-unanimous approval on all resolutions, including the increase in CEO remuneration, indicates strong promoter and public alignment with management's growth plans.