In terms of the provisions of Regulation 30 read with Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’), Five-Star Business Finance has informed that the Board of Directors of the Company at its meeting held on Saturday, February 25, 2023, has considered and approved the issuance of Non-Convertible Debentures aggregating up to Rs 5000 Crores through private placement, in one or more tranches and/or series from time to time. The Board meeting commenced at 10:00 am and concluded at 1.05 pm.
The above information is a part of company’s filings submitted to BSE.