Five-Star Business Finance Limited Extends Chief Compliance Officer Tenure
Five-Star Business Finance Limited has extended the tenure of its Chief Compliance Officer, Mr. R. Vijayaraghavan, following a decision by the Board of Directors. The extension provides him with three years in the role, effective from October 1, 2026.The Board approved the renewal of Mr. Vijayaraghavan's tenure as the Chief Compliance Officer of the company. The decision was taken after recommendations from the Nomination and Remuneration Committee.
Mr. R. Vijayaraghavan is a qualified Company Secretary and Cost Accountant. He brings approximately 38 years of experience across legal precision, dispute resolution, financial acumen, and regulatory strategy. He has been associated with Five-Star Business Finance Limited for the last three years, having held the role of Chief Compliance Officer since October 2023.
Prior to his tenure at the company, Mr. Vijayaraghavan worked with J.K. Fenner (India) Limited, managing areas including Internal Audit, compliance, litigation and dispute resolution, and Intellectual Property.
Key details regarding the role extension are summarized below:
| Particulars | Details |
|---|---|
| Reason for Change | Extension of tenure of Mr. R. Vijayaraghavan as Chief Compliance Officer |
| New Term of Appointment | 3 years, effective from October 1, 2026 |
| Professional Qualifications | Company Secretary and Cost Accountant |
| Years of Experience | About 38 years in legal precision, dispute resolution, financial acumen & regulatory strategy |
FIVESTAR Stock Price Movement
On Friday, Five-Star Business Finance Limited shares edged higher, settling at ₹535.2 after climbing 0.19% from the previous day's close. The stock traded between a low of ₹520.5 and a high of ₹538 during the session amid significant buying interest, recording a total volume of 495,386 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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