Five-Star Business Finance expands capital through employee stock options
Five-Star Business Finance Limited allotted 5,610 equity shares, each with a face value of INR 1.00, on October 8, 2025. This allotment stems from the exercise of stock options under the Five-Star Associate Stock Option Scheme, 2018. Consequently, the company's paid-up share capital has increased from INR 29,44,68,820 to INR 29,44,74,430. These new shares will rank pari-passu with the existing equity shares.
The Five-Star Associate Stock Option Scheme, 2018, was amended in line with SEBI Regulations 2021 and received shareholder approval on October 8, 2021. In-principle approval was obtained from both the National Stock Exchange and the Bombay Stock Exchange, and the scheme was ratified by shareholders on September 16, 2023. The exercise price for the options exercised under this current allotment was INR 1.00 per share.
For the quarter ended June 30, 2025, the diluted earnings per share (EPS) for Five-Star Business Finance stands at INR 9.02, reflecting the impact of these new equity shares. The company is currently completing formalities for the listing of these newly allotted shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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