Star Housing Finance board to mull fund raising on 9 March

Image
Last Updated : Mar 05 2024 | 9:04 AM IST

Star Housing Finance said that its board will meet on Saturday, 9 March 2024 to raise funds through issuance of non-convertible debentures on private placement basis.

The announcement was made after market hours yesterday.

Star Housing Finance is primarily engaged in the business of providing loans to individuals, corporate and developers for the purchase, construction, development and repair of houses, apartments and commercial properties in India.

The companys consolidated net profit jumped 29.9% to Rs 2.52 crore on 64% increase in total income to Rs 16.33 core in Q3 FY24 over Q3 FY23.

The scrip fell 8.11% to end at Rs 53.82 on Monday, 4 March 2024

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 05 2024 | 8:44 AM IST

Next Story