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The latest update is out from Five-Star Business Finance Limited ( (IN:FIVESTAR) ).
Five-Star Business Finance Limited has received approval from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for the reclassification of certain Promoters and Promoter Groups as public shareholders. This reclassification aligns with Regulation 31A of the SEBI LODR Regulations, resulting in entities such as Matrix Partners India and Peak XV Partners, among others, being reclassified from Promoter to Public categories, with most holding no shareholding post-reclassification. This move could impact the company’s market perception and shareholder composition, potentially influencing its governance and strategic direction.
More about Five-Star Business Finance Limited
Average Trading Volume: 34,315
Technical Sentiment Signal: Sell
Current Market Cap: 173.1B INR
See more insights into FIVESTAR stock on TipRanks’ Stock Analysis page.