Star Housing Finance missed 25th April 2026 payment deadline for ₹20 crore NCDs after debenture holders exercised put option.
Company requested 14-day extension from debenture trustee Vardhman Trusteeship, citing ongoing liquidity infusion from new investor onboarding.
Debenture trustee convened meeting on 22nd May 2026 to seek holder consent for security enforcement and Inter Creditor Agreement signing.
Meeting will be cancelled if default is cured between notice date (27th April) and meeting date (22nd May).