Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, Five-Star Business Finance has informed that the Business & Resource Committee of the Board had allotted 1,67,590 Equity shares of INR 1.00 each on March 23, 2024, pursuant to exercise of stock options under Five-Star Associate Stock Option Scheme, 2015 and Five-Star Associate Stock Option Scheme, 2018. The paid-up share capital of the Company has accordingly increased from INR 29,22,81,630 consisting of 29,22,81,630 equity shares having a face value of INR 1.00 each to INR 29,24,49,220 consisting of 29,24,49,220 equity shares having a face value of INR 1.00 each. Further, it has confirmed that the above allotted shares shall rank with the existing equity shares of the Company. The Company is in the process of completing the other formalities with respect to listing of the said allotted shares. Details pursuant to SEBI Circular dated July 13, 2023, on disclosure of material events / information by listed entities under Regulations 30 and 30A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed.
The above information is a part of company’s filings submitted to BSE.
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