Starlog Enterprises Ltd — Important, 01-10-2025: Company Update

Starlog Enterprises announced a penalty of Rs. 0.10 Cr levied by SEBI for lapses/omissions. This includes Rs. 0.09 Cr to be paid jointly and severally by the company and Mr. Saket Agarwal, and Rs. 0.01 Cr by the company for alleged violations under various SEBI regulations. The company is reviewing the order, believes it has a strong case on merits, and plans to explore options to contest it, including filing an appeal. Management believes this order will have no impact on the company’s financial, operational, or other activities.