Star Housing Finance Ltd has bolstered its leadership team by appointing Abhaykumar J. Pal as an Additional Director in the Non-Executive Independent category. This strategic move, effective July 7, 2026, is subject to shareholder approval and is designed to significantly enhance the company’s board governance and oversight capabilities.
Mr. Pal’s appointment (DIN: 11802566) was formally approved by the Board of Directors via a circulated resolution. He will serve a one-year term, commencing on the effective date. This appointment adheres to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Mr. Pal is not under any prohibition from holding a directorship by any order from SEBI or other regulatory bodies, as per BSE circular no. LIST/COMP/14/2018-19.
With over a decade of experience, Mr. Pal brings a wealth of knowledge in corporate laws, securities laws, and regulatory compliance, particularly within the non-banking financial sector. He is a Practising Company Secretary and a Fellow Member of The Institute of Company Secretaries of India (ICSI), holding a specialized certification in NBFCs – End-to-End Compliance Management. His expertise spans advisory services for the Companies Act, 2013, SEBI Regulations, and the Insolvency and Bankruptcy Code, including secretarial audits, corporate restructuring, and governance. Mr. Pal has a proven track record of advising a diverse range of entities, from listed and unlisted companies to NBFCs and trusts, on critical matters such as fundraising, due diligence, and mergers and acquisitions. The company highlighted that there are no inter-se relationships among the directors and intends to leverage Mr. Pal’s skills in risk and stakeholder management to guide the Board effectively.
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