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Mumbai-based Star Housing Finance Limited (Star HFL), a BSE-listed company specialising in low-cost retail housing finance, has announced plans to initiate the listing of its equity shares on the National Stock Exchange of India Limited (NSE). The proposed listing is subject to fulfilling eligibility criteria and obtaining necessary regulatory approvals.

Star HFL operates across several states including Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, National Capital Region and Tamil Nadu. The company provides long-term housing finance primarily to economically weaker sections and lower-income groups for affordable housing under the Pradhan Mantri Awas Yojana scheme.

Star HFL has consistently demonstrated strong performance and prudent risk management while advancing financial inclusion in semi-urban and rural India. The Chief Executive Officer, Mr Kalpesh Dave, stated that the NSE listing aligns with the company’s strategic goal to enhance visibility, increase liquidity for shareholders and deepen its investor base.

Star HFL will keep stakeholders informed as the regulatory process progresses.

Source:Star Housing Finance Limited Press Release