Five-Star Business Finance Limited has extended the tenure of R. Vijayaraghavan as its Chief Compliance Officer for a period of three years. The Board of Directors approved the extension during a meeting held on July 25, 2026, ensuring continuity in regulatory oversight for the non-banking financial company. The new term is effective from October 1, 2026.

The decision aligns with the Reserve Bank of India circular dated April 11, 2022, read with the RBI (Non-Banking Financial Companies - Governance) Directions. The approval was made based on the recommendations of the Nomination and Remuneration Committee. The company disclosed the development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Tenure and Compliance Details

Vijayaraghavan, who has been associated with Five-Star Business Finance Limited for the last three years, assumed the role of Chief Compliance Officer in October 2023. His extension maintains stability in the company's compliance function, which is critical for an NBFC operating under strict regulatory scrutiny. The disclosure also references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, regarding the intimation of such events.

Profile of Chief Compliance Officer

R. Vijayaraghavan is a qualified Company Secretary and Cost Accountant with approximately 38 years of work experience. His expertise spans legal precision, dispute resolution, financial acumen, and regulatory strategy. Prior to joining Five-Star Business Finance Limited, he served at J.K. Fenner (India) Limited, where he handled compliance, internal audit, litigation, dispute resolution, and intellectual property matters.

The company stated that this disclosure is available on its website under the compliances section. Vigneshkumar S M, Company Secretary & Compliance Officer, signed the intimation to the National Stock Exchange of India Limited and BSE Limited.

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.