Alpha Tribe

Starlineps Enterprises LtdImportant, 14-05-2026: Company Update

14-05-2026 · 07:13 pm

STARLINEPS Enterprises received a Monitoring Agency Report from Acuite Ratings & Research on the utilization of proceeds from its Preferential Issue of Equity Shares and Convertible Warrants for its latest reporting period. The report confirmed no deviation from the disclosed objects. Out of 112.70 Cr raised, 53.18 Cr was utilized during the period. The company has 107.38 Cr unutilized, with 90 Cr deployed in Fixed Deposits and 17.38 Cr in a bank account. This update provides transparency on fund deployment for shareholders.

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