Starlineps Enterprises Ltd — Important, 29-06-2026: Company Update

StarlinePS Enterprises' Board has approved a strategic investment, acquiring a 50% stake in Celloraa Energy Private Limited for Rs. 160 Crore. This move, paid via cash for new equity shares, marks StarlinePS's entry into solar cell manufacturing. Celloraa Energy is currently establishing a 1.2 GW solar cell facility, with plans to expand to 2.4 GW. This acquisition diversifies StarlinePS's portfolio and positions it in the growing renewable energy sector, offering significant growth potential.