Star Housing Finance Announces Cessation of Executive Director & CEO Kalpesh Dave's Tenure
Star Housing Finance Ltd has announced the cessation of tenure and employment for Mr. Kalpesh Dave, the Executive Director and CEO, effective June 26, 2026. The change in key managerial personnel is attributed to the completion of his stipulated tenure, as per the terms of appointment.The company confirmed that Mr. Kalpesh Dave will cease to be part of several organizational committees, including the Risk Management Committee, the Stakeholder Relationship Committee, and the Corporate Social Responsibility Committee.
Details regarding the change in managerial personnel are provided below:
| Particulars | Description |
|---|---|
| Reason for change | Mr. Kalpesh Dave's cessation is due to the completion of his tenure, aligning with the terms of appointment. |
| Date of cessation and term | The termination is effective from June 26, 2026. |
Stock Price Movement
Star Housing Finance Ltd settled on Thursday after losing 4.76%, finishing at ₹6.60 per share. The stock experienced intraday volatility, trading between a low of ₹6.59 and a high of ₹7.00.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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