Pursuant to Regulation 30 & 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (‘SEBI LODR’), Five-Star Business Finance has informed that based on recommendation of Nomination & Remuneration Committee, the Board of Directors at its meeting held today August 16, 2023, consider and approved the following: New Employee Stock Option Scheme in the name of ‘Five-Star Associate Stock Option Scheme 2023 (ASOP 2023)’, which is subject to the approval of the shareholders. Disclosures pursuant to SEBI Circular dated July 13, 2023, on disclosure of events / information by listed entities under Regulations 30 and 30A of SEBI LODR is enclosed as annexure A and Appointment of R Vijayaraghavan (holding PAN: AAGPR6231A) as the Chief Compliance Officer of the Company for a period of 3 years with effect from October 1, 2023 as per the requirements of RBI Circular No. Ref.No.DoS.CO.PPG./ SEC.01/11.01.005/2022-23 dated April 11, 2022. Disclosures pursuant to SEBI Circular dated July 13, 2023, on disclosure of events / information by listed entities under Regulations 30 and 30A of SEBI LODR is enclosed as annexure B. The Board meeting commenced at 10:00 am and concluded at 1:50 pm.
The above information is a part of company’s filings submitted to BSE.
