Starlineps Enterprises Ltd — Important, 24-02-2026: Company Update

STARLINEPS ENTERPRISES shareholders have approved a capital raise through a preferential issue. The company will issue up to 7 crore equity shares to non-promoters at ₹6 each, generating ₹42 crore. Additionally, it will issue up to 48 crore convertible warrants at ₹6 each to both promoters and non-promoters, which could raise another ₹288 crore upon conversion within 18 months. This move aims to strengthen the company's financial base for operational growth. Following this issuance, the promoter group's shareholding will be 39.12% and non-promoters at 60.88%.