ALPHA TRIBE

Starlineps Enterprises LtdImportant, 14-03-2026: Company Update

14-03-2026 | 04:25 pm

StarlinePS Enterprises has finalized a revised loan agreement with The South Indian Bank concerning its Overdraft Against Deposits facility. This update was necessary due to adjustments in the security deposits and the interest rate of the existing borrowing arrangement. The total agreement size remains Rs. 12 Cr, backed by Fixed Deposits of the same value. This operational modification clarifies the ongoing terms of the company's short-term financing, providing transparency to investors about its debt structure.

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