The first Star Guild Awards ceremony was held in Mumbai in the year:

2004

The correct answer is Option (3) - 2004

The Star Guild Awards, formerly known as the Apsara Film & Television Producers Guild Awards, is an annual event honoring excellence in the Indian film and television industry. The inaugural ceremony of the Star Guild Awards took place in the year 2004. This event was organized by the Film & Television Producers Guild of India, which represents the producers of Indian cinema and television shows.

The Star Guild Awards have since become a prestigious event in the Indian entertainment industry, recognizing outstanding achievements across various categories including acting, directing, writing, and technical aspects of filmmaking and television production. The awards ceremony celebrates the talent and creativity within the Indian entertainment fraternity and is attended by prominent personalities from the film and television industry.