Five-Star Business Finance Limited has announced its 42nd Annual General Meeting (AGM) scheduled for August 31, 2026. A key agenda item for the AGM is to consider and approve the issuance of Non-Convertible Debentures (NCDs) aggregating up to INR 5,000 Crores. This substantial fundraising will be conducted through private placement, potentially across multiple tranches and series, as deemed appropriate by the company.
AGM Announced for Key Fundraising Approval
Five-Star Business Finance Limited will hold its 42nd Annual General Meeting (AGM) on Monday, August 31, 2026. The meeting will commence at 10:00 AM IST and will be conducted through Video Conferencing (VC) and other Audio Visual means (OAVM).
Plan to Raise INR 5,000 Crores via NCDs
A primary objective of the upcoming AGM is to seek shareholder approval for a significant fundraising exercise. The company plans to issue Non-Convertible Debentures (NCDs) with an aggregate value of up to INR 5,000 Crores. This issuance is intended to be carried out through private placement, allowing for flexibility in terms of tranches and series to be issued over time.
Notice Availability
The official Notice of the Annual General Meeting is accessible on the company’s website at https://fivestargroup.in/notices/. Further details and the full intimation are also available on the corporate website.
Source: BSE
