Star Housing Finance will hold a meeting of the Board of Directors of the Company on 8 May 2024.Powered by Capital Market - Live News

Star Housing Finance (Star HFL) has entered into a co-lending partnership with Tata Capital Housing Finance (TCHFL). The partnership aims to leverage domain of Star HFL in low ticket affordable housing finance space and the mutual synergies arising out of operations. This agreement is expected to bolster Star HFL`s AUM growth journey. Star HFL branch network across Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, NCR and Tamil Nadu would be utilized in this partnership to provide housing finance assistance predominantly to home buyers in economically weaker section (EWS) and low-income group (LIG) segment. Powered by Capital Market - Live News

Star Housing Finance has allotted 1,100 ecured, Rated, Listed, Senior, Redeemable, Taxable, Transferable Non-convertible debentures of face value of Rs 1 lakh each aggregating to Rs 11 crore to A K Securitization and Credit Opportunities Funds II on private placement basis. Powered by Capital Market - Live News

Star Housing Finance will hold a meeting of the Board of Directors of the Company on 9 March 2024.Powered by Capital Market - Live News

Net profit of Star Housing Finance rose 29.90% to Rs 2.52 crore in the quarter ended December 2023 as against Rs 1.94 crore during the previous quarter ended December 2022. Sales rose 69.45% to Rs 15.81 crore in the quarter ended December 2023 as against Rs 9.33 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales15.819.33 69 OPM %69.0761.09 - PBDT3.252.86 14 PBT3.072.76 11 NP2.521.94 30 Powered by Capital Market - Live News