Starlog Enterprises Ltd — Important, 15-04-2026: Company Update
15-04-2026 | 05:35 pm
15-04-2026 | 05:35 pm
Starlog Enterprises announced a significant legal update for its material subsidiary, Starlift Services. An arbitration award initially favoring Starlift for approximately ₹9.02 crore (plus interest) was previously set aside by a Single Judge. However, the Division Bench of the High Court has now overturned that decision, ruling it was without jurisdiction and thus restoring the original arbitration award in Starlift's favor. This means the subsidiary's claim for ₹9.02 crore stands reinstated. The company is evaluating next steps. No immediate financial implication is expected.
No comments yet. Be the first to comment!
