Mr. Ajith Kumar Lakshmanan (DIN: 09724549) resigned as Non-Executive Independent Director of Star Housing Finance Ltd. effective 31st March 2026.
Resignation letter explicitly cites unaddressed governance lapses including KMP appointments, board processes, and internal controls despite management assurances.
Director flagged unresolved liquidity and cash flow concerns and the continuing absence of Promoter directors on the Board as additional reasons.