Five-Star Business Finance Limited has scheduled its 42nd Annual General Meeting (AGM) for Monday, August 31, 2026. The meeting will commence at 10:00 AM and will be conducted exclusively through Video Conference (VC) or Other Audio Video Means (OAVM), allowing shareholders to participate remotely without physical presence.

This disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on July 25, 2026. The company notified its listed entities of the date and mode of the meeting to ensure timely dissemination of information to investors and stakeholders.

Meeting Details

The AGM serves as a critical forum for shareholders to review the company’s performance and approve key resolutions. The specific agenda items, including financial statements and board appointments, are expected to be detailed in the subsequent notice of the meeting.

Shareholders are advised to monitor the company’s official website at https://fivestargroup.in/investors/ for further updates, including the notice of the meeting and instructions for virtual participation. The company emphasized that this disclosure is available on its investor relations page for public record.

Corporate Governance

Vigneshkumar SM, Company Secretary & Compliance Officer of Five-Star Business Finance Limited, issued the communication. The registered office of the company is located at New No. 27, Old No. 4, Taylor's Road, Kilpauk, Chennai - 600 010. The company’s CIN is L65991TN1984PLC010844.

The shift to virtual meetings continues to streamline shareholder engagement, reducing logistical barriers while maintaining compliance with regulatory requirements for annual general meetings. Investors should prepare to access the VC link as per the instructions provided in the formal meeting notice, which will follow this initial date announcement.

Five-Star Business Finance Limited has proposed the appointment of M/s Suri & Co as its Joint Statutory Auditors for a continuous period of three years, effective from the conclusion of the 42nd Annual General Meeting (AGM). The Board of Directors made this recommendation based on the advice of the Audit Committee to comply with regulatory requirements for joint audits.

The proposal requires shareholder approval at the upcoming 42nd AGM. If approved, M/s Suri & Co will serve as Joint Statutory Auditor until the conclusion of the 45th AGM. This appointment ensures compliance with the Reserve Bank of India’s guidelines for the Appointment of Statutory Auditors dated April 27, 2021, which mandate that entities with an asset size of ₹15,000 crore and above at the end of the previous year must conduct their statutory audit under a joint audit structure involving a minimum of two audit firms.

Regulatory Compliance and Disclosure

The company disclosed this recommendation under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was further aligned with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The full disclosure details were submitted to the National Stock Exchange of India Limited and BSE Limited on July 25, 2026.

Profile of Proposed Auditor

M/s Suri & Co, Chartered Accountants, based in Chennai, brings over eight decades of experience in statutory audits, risk management, advisory, compliance, and technology. Established in 1939, the firm is registered with the Institute of Chartered Accountants of India (ICAI) under Firm Registration Number 004283S and holds Peer Review Certificate No. 016670.

The firm maintains offices across multiple locations in India and has extensive experience serving listed companies, banks, Non-Banking Financial Companies (NBFCs), financial institutions, and other corporates across diverse industry sectors. Its registered office is located at 443 & 445, 4th Floor, Main Building, Guna Complex, Anna Salai, Teynampet, Chennai - 600018.

What the Numbers Show

The shift to a joint audit model reflects Five-Star Business Finance Limited's adherence to stricter regulatory oversight frameworks imposed by the RBI on large financial entities. By appointing a second statutory auditor, the company aims to enhance the robustness of its financial reporting and governance structures. This move does not indicate any irregularity but rather aligns the company’s audit practices with the mandatory compliance standards for NBFCs meeting the specified asset threshold.