Five-Star Business Finance Ltd
FiveStar Business Finance Forfeits ₹1.93 Crore Upfront Payment 🚫
• ₹1,92,50,000 upfront consideration forfeited from Mr. Rangarajan Krishnan
• 100,000 share warrants not converted by April 23, 2026 deadline
• Warrants allotted October 24, 2024 at ₹770 per warrant
• Upfront payment represented 25% of total issue price
• No equity shares issued - paid-up capital remains unchanged