Five-Star Business Finance Limited has appointed Sreeram Ranganathan Iyer as a Non-Executive Independent Director for a five-year term, effective July 25, 2026. The Board of Directors approved the appointment during its meeting held on July 25, 2026, based on the recommendation of the Nomination & Remuneration Committee. This addition to the Board strengthens the company’s governance structure with a leader possessing over 33 years of experience in international banking and corporate operations. The appointment is subject to approval by shareholders at the ensuing Annual General Meeting.

The Board approved Mr. Iyer’s appointment as an Additional Director, designated as a Non-Executive Independent Director, not liable to retire by rotation. He confirmed his independence under Section 149 of the Companies Act, 2013, and Regulation 16 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that Mr. Iyer is not debarred from holding the office of Director by virtue of any SEBI Order or other authority.

The appointment was communicated to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the SEBI LODR Regulations, as amended. The disclosure also references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, and circulars from BSE (LIST/COMP/14/2018-19) and NSE (NSE/CML/2018/24) dated June 30, 2018.

Director Profile

Sreeram Ranganathan Iyer brings extensive global banking experience to the Board. His professional background includes:

Mr. Iyer has previously led digital transformation initiatives and established shared services operations for major financial institutions. His expertise in deploying emerging technologies and enhancing customer experience aligns with the company’s strategic focus on sustainable value creation.

Regulatory Compliance

The company issued the intimation through Vigneshkumar SM, Company Secretary & Compliance Officer. The disclosure confirms no relationships between directors requiring additional reporting. The full disclosure is available on the company’s website under the Compliances section.

A notable block trade was executed on the BSE for five star business finance , with the transaction amounting to ₹54.44 crore. The deal involved approximately 10,27,152 shares transacted at a price of ₹530.00 per share, reflecting significant institutional interest in the counter.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on BSE:

Block trades are large-volume transactions typically executed between institutional participants and are reported separately from regular market activity. The transaction in Five Star Business Finance represents a sizeable single-window deal on the exchange.