Five Star Business Finance announces the appointment of Ms. Rajeshwari Shankar as an Additional Non-Executive Independent Director, effective February 2, 2026, pending shareholder approval. Additionally, Mr. Srinivasaraghavan Thiruvallur Thattai has been re-appointed as a Non-Executive Independent Director for a second term starting August 25, 2026, also subject to shareholder approval.
New Independent Director Appointment
Ms. Rajeshwari Shankar (DIN: 01573029) has been appointed as an Additional Director, categorized as a Non-Executive Independent Director. This appointment is effective from February 2, 2026, for a term of 5 years, contingent upon shareholder approval. She is not subject to retirement by rotation.
Ms. Shankar is a Chartered Accountant with over three decades of experience in audits and corporate governance. She has worked with major public sector banks and listed companies and is a Senior Partner at PKF Sridhar & Santhanam LLP.
Re-appointment of Independent Director
Mr. Srinivasaraghavan Thiruvallur Thattai (DIN: 00018247) has been re-appointed as a Non-Executive Independent Director for another term of 5 years. This term will begin on August 25, 2026 and requires shareholder approval. He also will not be subject to retirement by rotation.
Mr. Srinivasaraghavan has been a director since August 25, 2021. He is currently the chairperson of the Risk Management Committee & Customer Service Committee and a member of the Audit Committee.
Source: BSE
