Star Housing Finance Limited (SHFL) has announced a significant extension to its ongoing rights issue, providing eligible shareholders with additional time to participate. The company's Rights Issue Committee has approved changes to key dates in the issue timeline, aiming to offer investors a broader window of opportunity.

Key Changes in Rights Issue Timeline

Extended Opportunity for Shareholders

The rights issue, which commenced on October 27, 2025, was initially set to close on November 3, 2025. However, with this extension, eligible equity shareholders now have until November 25, 2025, to apply for the issue. This three-week extension aims to provide ample time for investors to consider and participate in the rights offering.

On-Market Renunciation Extension

In addition to the closing date extension, SHFL has also pushed back the last date for on-market renunciation. Originally scheduled for October 28, 2025, shareholders can now renounce their rights on the market until November 19, 2025. This extension gives shareholders more flexibility in managing their rights.

Unchanged Terms and Conditions

It's important to note that apart from the revised dates and corresponding adjustments to post-issue activity timelines, all other terms and conditions outlined in the Letter of Offer (LOF) and Application Form remain unchanged. This ensures consistency in the offering while accommodating the extended timeline.

Corporate Governance and Transparency

The decision to extend the rights issue timeline was made during a Rights Issue Committee meeting held on October 27, 2025. The meeting, which began at 4:45 PM and concluded at 5:05 PM, demonstrates Star Housing Finance Limited's commitment to corporate governance and timely disclosure of material information to stakeholders.

This extension offers an extended opportunity for eligible shareholders to participate in the company's rights issue, potentially allowing for broader participation and capital raising success.

Star Housing Finance Limited (STARHFL) has announced a significant change to its previously planned rights issue timeline. The company's Rights Issue Committee, in a meeting held on October 9, 2025, decided to reschedule the rights issue due to unforeseen circumstances.

Revised Timeline

The revised schedule for the rights issue is as follows:

Key Points

• The Rights Issue Committee cited "certain unavoidable circumstances" as the reason for the rescheduling.
• The decision aims to ensure smooth execution and full compliance with applicable regulatory and operational requirements.
• The committee has approved changes to the letter of offer, application form, rights entitlement form, and other relevant documents to reflect the new timeline.
• All other terms and conditions of the rights issue, as approved in the committee meeting held on September 24, 2025, remain unchanged.

Company Statement

Kalpesh Dave, Executive Director & CEO of Star Housing Finance Limited, signed off on the notice detailing these changes. The Rights Issue Committee meeting where these decisions were made commenced at 1:45 PM and concluded at 2:10 PM on October 9, 2025.

Investors and stakeholders are advised to take note of these revised dates for the rights issue. The company has stated that the updated information will be available on their official website at www.starhfl.com .

This rescheduling of the rights issue timeline highlights the dynamic nature of capital market operations and the importance of regulatory compliance in corporate actions. Investors interested in participating in the rights issue should mark their calendars accordingly and stay tuned for any further updates from the company.