Starlog Enterprises Ltd — Board Meeting, 12-05-2025: Board Meeting

Starlog Enterprises Limited has announced a board meeting convened to approve the financial results for the quarter and half-year. The Board approved the audited standalone and consolidated financial results for the year ending March 31, 2025, with the statutory auditors giving an unmodified opinion. The company reported a standalone profit after tax of ₹27.06 Cr compared to a loss in the previous year. Exceptional items included profits from sale of land and machinery, GST interest provisions write-back, and write-offs of certain advances. The Board appointed Mr. Ritul Parmar as Secretarial Auditor and Bhattacharya Das and Co. as the new Statutory Auditors for the next five years, subject to shareholder approval. The 41st Annual General Meeting will be held on June 12, 2025. Notably, an ongoing legal matter involves a subsidiary lender invoking a shortfall undertaking, which is sub-judice. There is a discrepancy in reported investment in associate South West Port Limited due to internal shareholding adjustments. The company operates in a single business segment.