Star Housing Finance Clarifies Outstanding NCD Amount at Rs. 6.67 Crore Under Put Option

Star Housing Finance Limited has provided important clarification regarding the put option notice for its non-convertible debentures, revealing that the actual outstanding principal amount is significantly lower than the originally reported figure. The company clarified that while the put option notice mentioned Rs. 20,00,00,000, this represents the original issue size, not the current outstanding amount.

Clarification on Outstanding Amount

The company issued a clarification on March 13, 2026, explaining that the NCDs under ISIN INE526R07017 originally had an issue size of Rs. 20,00,00,000 when launched on October 19, 2023. However, due to regular monthly principal repayments as per the payment schedule, the current outstanding principal amount has been reduced substantially.

Parameter:	Original Details	Current Status
Original Issue Size:	Rs. 20,00,00,000	-
Outstanding Principal:	-	Rs. 6,66,66,667
ISIN:	INE526R07017	INE526R07017
Issue Date:	October 19, 2023	-
Put Notice Date:	March 11, 2026	March 11, 2026
Record Date:	April 04, 2026	April 04, 2026

Put Option Process Details

The put option notice was issued by Vardhman Trusteeship Private Limited under the provisions of the debenture trust deed dated October 18, 2023. The debentures are listed, rated, senior, secured, transferable, and redeemable non-convertible debentures. The company has been making partial principal repayments on a monthly basis in accordance with the payment schedule specified in the Term Sheet of the NCDs.

Payment Requirements

As per the notice from the debenture trustee, Star Housing Finance must deposit the aggregate outstanding amount based on the put option consent of debenture holders as on the record date of April 04, 2026. The payment must be made in accordance with the provisions of the debenture trust deed directly into the bank accounts of the debenture holders. The company maintains its 45-day payment timeline from the original put notice date of March 11, 2026.

Regulatory Compliance

The clarification was submitted to BSE Limited and complies with regulatory requirements under SEBI regulations. The document was digitally signed by Nachiketa Purohit, Company Secretary & Compliance Officer, ensuring proper corporate governance and transparency in the disclosure process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.90%	-5.41%	-43.55%	-64.38%	-64.38%	-75.69%

Star Housing Finance Limited has officially relocated its corporate office from Vashi to Andheri East, Mumbai, marking a strategic move in the company's operational setup. The relocation became effective from February 23, 2026, as communicated to BSE Limited on February 24, 2026.

Regulatory Compliance and Communication

The company fulfilled its regulatory obligations by informing BSE Limited about the office relocation in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This communication followed an earlier intimation dated February 2, 2026, indicating the company's planned relocation.

Office Address Details

The corporate office transition involves a significant geographical shift within the Mumbai metropolitan region:

Parameter:	Details
Previous Location:	Office no 221, 2nd Floor, Platinum Techno Park, Near Raghuleela Mall, Vashi, Thane, Navi Mumbai- 400703
New Location:	Office No. 1222, 12th Floor, The Summit Business Park, Near W.E. Highway Metro Station, Andheri East, Mumbai 400093
Effective Date:	February 23, 2026

Strategic Location Advantages

The new office location at The Summit Business Park in Andheri East offers enhanced connectivity advantages, being situated near the W.E. Highway Metro Station. This positioning provides improved accessibility for stakeholders and employees compared to the previous Vashi location at Platinum Techno Park.

Corporate Governance

The relocation announcement was formally signed by Nachiketa Purohit, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed. The company has requested BSE Limited to update their records and website to reflect the new corporate office address, maintaining transparency in corporate communications.