Starlineps Enterprises Ltd — Dividend/Bonus, 28-08-2025: Corp. Action
28-08-2025 | 07:46 pm
28-08-2025 | 07:46 pm
STARLINEPS ENTERPRISES has announced a rights issue of up to 10.38 Cr new shares at ₹2 each (₹1 premium), aiming to raise ₹20.75 Cr. Shareholders will receive 2 new shares for every 5 held, with a Record Date of September 8, 2025. The issue opens on September 15 and closes on September 23. Funds will cover ₹7 Cr in debt repayment, ₹8 Cr for creditors, and ₹5 Cr for working capital, alongside general corporate needs. Promoters plan to subscribe fully and may bid for additional shares, aiming to strengthen the company's financial position and support growth.
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