Five-Star Business Finance Limited Approves Amendments to Code of Fair Disclosure

Five-Star Business Finance Limited's Board of Directors convened on April 28, 2026, to approve amendments to the Code of Fair Disclosure pursuant to Regulation 8 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations 2015, as amended. The decision was taken during the meeting held at the company's premises.

Board Meeting Details

The Board meeting commenced at 2:00 PM and concluded at 6:30 PM on April 28, 2026. The amendments to the Code of Fair Disclosure were approved as part of the agenda items discussed during this session.

Key Information

Particulars	Details
Company Name	Five-Star Business Finance Limited
Symbol	FIVESTAR
Scrip Code	543663
Meeting Date	April 28, 2026
Meeting Start Time	2:00 PM
Meeting End Time	6:30 PM
Regulation	SEBI (Prohibition of Insider Trading) Regulations 2015

The amended Code of Fair Disclosure is now available on the official website of the company at https://fivestargroup.in/investors/ . The communication was addressed to the National Stock Exchange of India Limited and BSE Limited for necessary record-keeping purposes.

Vigneshkumar SM, Company Secretary & Compliance Officer of Five-Star Business Finance Limited, signed the disclosure on behalf of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.73%	-4.28%	+27.30%	-20.74%	-36.44%	-2.13%

Five-Star Business Finance Limited has submitted its quarterly compliance statement to stock exchanges, confirming no deviation or variation in the utilisation of proceeds from its convertible share warrants for the quarter ended March 31, 2026. The statement was filed pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Fund Raising Details

The company had raised funds through a preferential issue of convertible share warrants on October 24, 2024. The fund raising structure is detailed below:

Parameter:	Details
Total Issue Size:	INR 31,57,00,000
Number of Warrants:	4,10,000
Price per Warrant:	INR 770
Issue Date:	October 24, 2024
Primary Object:	Working Capital

Fund Utilisation Status

The company received the proceeds in two tranches, with specific utilisation patterns for each:

Tranche:	Amount	Status	Date
Upfront Consideration (25%):	INR 7,89,25,000	Fully Utilised	October 24, 2024
Balance Consideration (75%):	INR 17,90,25,000	Unutilised	March 23, 2026

The upfront consideration of INR 7,89,25,000 received towards allotment of 4,10,000 share warrants has been completely utilised for working capital purposes as originally disclosed. The balance consideration of INR 17,90,25,000 was received on March 23, 2026, towards conversion of 3,10,000 share warrants into equivalent equity shares, but remains unutilised as of March 31, 2026.

Compliance and Oversight

The quarterly statement has been duly reviewed by the company's Audit Committee, which provided no additional comments. The filing confirms that:

No deviation occurred in the objects or purposes for which funds were raised
No variation exists in the amount of funds utilised against original disclosure
No changes were made to contract terms referenced in the fund raising documents

The company secretary and compliance officer, Vigneshkumar SM, digitally signed the compliance document on April 28, 2026. The statement reaffirms the company's adherence to regulatory requirements and proper utilisation of raised capital for its intended working capital needs.