Star Housing Finance Appoints Independent Auditors for External Review of NHB Report
Star Housing Finance Limited, formerly known as Akme Star Housing Finance Limited, has appointed an independent auditing firm to conduct a comprehensive external audit concerning the Snap Audit Report issued by the National Housing Bank (NHB).The company announced the appointment of M/s. Parikh & Associates, Chartered Accountants, based in Ahmedabad, to carry out the external audit. The appointment reflects the Board's and Management's commitment to upholding transparency, accountability, and adherence to high corporate governance standards.
The company also clarified the current status of the matter under review, stating that the issue remains at the stage of suspicion. Star Housing Finance noted that the existence of any irregularities has not yet been substantiated, and the purpose of the external audit is to establish the facts in an objective and independent manner.
Stock Price Movement
Star Housing Finance Ltd. settled at ₹5.39 on Monday, climbing 4.86% after a strong session. Throughout the day, shares traded within a tight range, dipping to ₹5.31 before reaching an intraday high of ₹5.39.Source:
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