The Board of Directors of Five-Star Business Finance Limited has received a resignation letter dated April 30, 2024, from Mr. Vikram Vaidyanathan, Non-Executive Director (nominee of Matrix Partners India Investment Holdings II, LLC, Promoter entity) and Mr. G V Ravishankar, Non ­ Executive Director, (as a nominee of Peak XV Partners Investments V, Promoter entity). The Board of Directors took on record the above resignation with effect from close of business hours, on April 30, 2024.