National Housing Bank sanctions loan facility of Rs10 crore to Star Housing Finance; Stock soars 3%

14 Oct 2022 , 09:17 AM

Star Housing Finance Limited has informed to the exchanges regardng sanction letter received from National Housing Bank.

As per the filing, National Housing Bank (NHB) on October 06, 2022 has sanctioned Loan Facility of Rs10,00,00,000/-(Rupees Ten Crore only) to Star Housing Finance Limited.

Further, the sanction letter is under the NHB additional Refinance Facility and it has been approved by the Board of Directors in their Meeting held on October 13, 2022, the company said in a filing on Thursday.

On Friday, at around 9:17 AM, Star Housing Finance was trading at Rs205 per share higher by 3.07% on the BSE.

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