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Starlineps Enterprises LtdImportant, 31-08-2026: Company Update

31-08-2026 | 02:08 pm

StarlinePS Enterprises has completed acquiring 20% of Celloraa Energy Private Limited's equity shares for a total consideration of Rs. 40 crore. This acquisition makes Celloraa Energy an Associate Company for StarlinePS. This move is part of a previously announced plan to invest in a 50% stake in Celloraa Energy for a value of Rs. 160 crore. This partial completion marks a significant step in the company's strategic investment, expanding its operational reach and potential future revenue streams through an associate entity.

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