Starlineps Enterprises Ltd — Important, 28-08-2025: Company Update

STARLINEPS Enterprises' Board has approved a Rights Issue of up to 10.38 Cr fully paid-up Equity Shares. The issue price is ₹2 per share, aiming to raise ₹20.75 Cr. Shareholders are entitled to 2 new shares for every 5 shares held (2:5 ratio). The full issue price is payable on application. Prior to this, the company had 25.94 Cr shares outstanding, which will increase to 36.31 Cr shares assuming full subscription. This move will increase the company's capital base and potentially dilute existing shareholdings for those who do not subscribe.