Change in Director / Key Managerial Personnel
Not applicable to this disclosure
Key Financial or Operational Approvals
Not applicable to this disclosure
Strategic or Business Context
Not applicable to this disclosure
Any Other Material Information
Regulatory Compliance Update: Appointment of Joint Statutory Auditors
Pursuant to RBI guidelines for Appointment of Statutory Auditors dated April 27, 2021, and based on recommendations of the Audit Committee, the Board of Directors of Five-Star Business Finance Limited has proposed the appointment of M/s Suri & Co, Chartered Accountants, Chennai as Joint Statutory Auditors of the Company.
Reason for Change: As per RBI guidelines for entities with asset size of ₹15,000 crore and above at the end of previous year, statutory audit must be conducted under joint audit of minimum two audit firms.
Appointment Details:
- Firm: M/s Suri & Co, Chartered Accountants
- Firm Registration Number: 004283S
- Peer Review Certificate No: 016670
- Term: Three years continuous period
- Effective from: Conclusion of 42nd Annual General Meeting (AGM)
- Term ends: Conclusion of 45th AGM
Auditor Profile:
- Constituted in 1939 (over 8 decades of experience)
- Registered with ICAI (Registration No. 004283S)
- Expertise in Statutory Audits, Risk Management, Advisory, Compliance, Technology
- Experienced partners and professionals across multiple offices in India
- Extensive experience serving listed companies, banks, NBFCs, financial institutions, and other corporates across diverse industry sectors
Regulatory References:
- Disclosure made under Regulation 30 read with Part A of Schedule III of SEBI LODR Regulations
- SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026
- Full disclosure available on company website at Compliances – Five-Star Group
Company Details:
- Disclosure dated: July 25, 2026