Starlog Enterprises Ltd — Others, 21-05-2025: AGM/EGM

Starlog Enterprises Limited has announced a board meeting on June 12, 2025, to consider the financial results for the quarter and half-year and hold the 41st Annual General Meeting via video conferencing. The company reported a profit of ₹27.06 Cr for FY 2024-25, reversing from a loss of ₹0.96 Cr in the previous year. Gross receipts stood at ₹12.08 Cr. The company completed a preferential allotment of 30 lakh shares post-year-end, raising ₹15 Cr for general corporate purposes. M/s Bhattacharya Das & Co are proposed as new statutory auditors for a five-year term. Mr. Raj Manek has been appointed Whole-time Director & CFO, while Mr. Saket Agarwal’s remuneration terms have been revised. The company is now debt-free following a one-time settlement, significantly improving key financial ratios and liquidity. Contingent liabilities include ongoing disputes mainly relating to sales tax and guarantees. Starlog’s operations remain focused on crane rental and port infrastructure, with no changes in business nature during the year.