Five-Star Business Finance Limited announced that Mr. Anand Raghavan has successfully completed his second consecutive five-year term as an Independent Director. He will cease to hold this position effective July 27, 2026. This information is being disclosed as per regulatory requirements and is available on the company’s website for public record.
Independent Director’s Tenure Concludes
Five-Star Business Finance Limited has officially announced the completion of Mr. Anand Raghavan’s tenure as an Independent Director. Mr. Raghavan, identified by DIN 00243485, has served two consecutive five-year terms with the company. Consequently, he has ceased to be an Independent Director, with this change taking effect at the close of business hours on July 27, 2026.
Regulatory Compliance and Disclosure
This announcement is made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details, as required by the SEBI Master Circular dated January 30, 2026, are provided in Annexure I. The company has also committed to hosting this information on its official website under the ‘Compliances’ section at https://fivestargroup.in/compliances/.
Key Information Summary
The reason for the change is the completion of the director’s term. Mr. Raghavan’s cessation as an Independent Director is effective July 27, 2026. For brevity and regulatory adherence, brief profiles and relationships are noted as ‘Not Applicable’ in the annexure, as this event pertains to the conclusion of a directorship.
Source: BSE
