FIVE-STAR BUS FIN Share price

Our Company was incorporated as Five-Star Business Credits Private Limited at Chennai Tamil Nadu as a private limited company under the Companies Act 1956 pursuant to a certificate of incorporation dated May 7 1984 issued by the RoC. Our Company was converted from a private limited company to a public limited company pursuant to board resolution dated September 7 1988 and special resolution passed by the Shareholders at the EGM dated October 3 1988. Consequently the name of our Company was changed from ‘Five-Star Business Credits Private Limited’ to ‘Five-Star Business Credits Limited’ and the certificate of incorporation was amended on October 3 1988. The name of our Company was subsequently changed to ‘Five-Star Business Finance Limited’ pursuant to board resolution dated March 25 2015 and special resolution passed by our Shareholders at the EGM held on April 12 2016 to align with the objects of the Company and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on May 13 2016. Our Company is registered with the RBI to carry on the business of non-banking financial institution without accepting public deposits (certificate of registration no. B-07.00286).Major Events:1984 Incorporation of our Company1988 Conversion from a private limited company to a public limited company2006 Rearranged portfolio for advances by moving focus to financing in immoveable properties2010 Loan book crossed ? 250.00 million2013 Opened our 25th branch2014 -Expanded our geographical presence outside Tamil Nadu to Karnataka and Andhra Pradesh-Investment of ? 170.00 million by Matrix Holdings;-Loan book crossed ? 1000 million2015 Investment of ? 156.00 million by Matrix Holdings2017 -Crossed 100 branches;-Expanded our geographical presence to Telangana2020 Crossed 200 branches2021 Loan book crossed ? 40000 million2022 Loan book crossed ? 50000 million