Starlog Enterprises Ltd — Board Meeting, 01-08-2025: Board Meeting

Starlog Enterprises announced the outcome of its board meeting, approving the financial results for the quarter ended June 30, 2025. Standalone revenue was ₹2.22 Cr, with a loss of ₹1.10 Cr. Consolidated revenue reached ₹3.02 Cr, though the company reported a consolidated loss of ₹2.14 Cr. The company raised ₹15 Cr by issuing 30 lakh new equity shares through a preferential allotment. Auditors noted a discrepancy in a ₹12.01 Cr investment in South West Port Ltd. and highlighted that a ₹66.27 Cr lender undertaking invoked against a subsidiary remains sub-judice, posing a significant contingent risk for shareholders.