BSE Grants Listing Approval to StarlinePS Enterprises for 6,78,33,700 Preferential Equity Shares

2 min read     Updated on 15 May 2026, 12:25 AM
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BSE Limited granted listing approval to StarlinePS Enterprises Limited for 6,78,33,700 equity shares of Re. 1/- face value, issued at a premium of Rs. 5/- per share on a preferential basis to non-promoters, vide Letter No. LOD/PREF/KS/FIP/217/2026-27 dated 12/05/2026. The shares bear distinctive numbers from 363132001 to 430965700. Trading approval remains subject to the company submitting depository confirmation letters from NSDL/CDSL and, if applicable, listing approval from NSE. The company is also required to apply for trading approval within seven working days of the listing approval date, in accordance with SEBI regulations.

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StarlinePS Enterprises Limited has received listing approval from BSE Limited for 6,78,33,700 equity shares of face value Re. 1/- each, issued on a preferential basis to non-promoters. The approval was granted vide Letter No. LOD/PREF/KS/FIP/217/2026-27 dated 12/05/2026, and the company formally intimated BSE of the development on 14th May, 2026, in furtherance to its earlier letter and announcement dated 23rd March, 2026.

Key Details of the Listing Approval

The listing pertains to equity shares issued at a premium of Rs. 5/- per share over the face value of Re. 1/- each. The shares carry distinctive numbers from 363132001 to 430965700 and have been issued to non-promoters on a preferential basis. The following table summarises the key parameters of the approved listing:

Parameter: Details
Number of Shares: 6,78,33,700
Face Value: Re. 1/- each
Issue Premium: Rs. 5/- per share
Distinctive Numbers: 363132001 to 430965700
Issued To: Non-Promoters (Preferential Basis)
BSE Letter No.: LOD/PREF/KS/FIP/217/2026-27
Date of Listing Approval: 12th May, 2026
Date of Company Intimation: 14th May, 2026

Compliance Requirements Before Trading Approval

BSE has stipulated that trading approval for the aforementioned shares will be granted only after the company satisfies specific compliance conditions. The exchange has outlined the following requirements:

  • Submission of listing approval from the National Stock Exchange of India Ltd. (if applicable)
  • Confirmation letters from NSDL and/or CDSL regarding the crediting of the above-mentioned shares to respective beneficiary accounts or their admission into the depository system
  • Confirmation letters from NSDL and/or CDSL regarding lock-in of pre-preferential holding (if applicable)

The company has also been directed to ensure compliance with the provisions of Regulation 167 of SEBI (ICDR) Regulations, as specified by SEBI from time to time. Additionally, in the event of a change exceeding two per cent of the total paid-up share capital, the company is required to file the shareholding pattern in XBRL mode as mandated under Regulation 31(1)(c) of SEBI LODR Regulations, 2015.

Trading Approval Timeline

As per Schedule XIX of ICDR Regulations and SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, listed entities are required to make an application for trading approval to the stock exchange(s) within seven working days from the date of grant of listing approval. Non-compliance with this requirement will attract fines as specified in the aforementioned SEBI circular. The listing approval letter was signed by Marian D'souza, Assistant Vice President, and Karan Shah, Deputy Manager, on behalf of BSE Limited. The intimation to BSE was submitted by Madhuriben Chhatrola, Company Secretary & Compliance Officer (ACS No.: 74197), on behalf of StarlinePS Enterprises Limited.

Historical Stock Returns for Starlineps Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.93%-11.15%-15.64%+365.27%+116.90%+128.28%

How might the infusion of capital from this preferential allotment to non-promoters impact StarlinePS Enterprises' growth strategy and future business expansion plans?

What effect could the significant dilution of approximately 6.78 crore new shares have on existing shareholders' equity and the company's earnings per share going forward?

Who are the non-promoter allottees receiving these preferential shares, and could their entry signal strategic partnerships or institutional interest in StarlinePS Enterprises?

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StarlinePS Enterprises Limited Submits Q4FY26 Compliance Certificate to BSE

1 min read     Updated on 07 Apr 2026, 02:20 PM
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StarlinePS Enterprises Limited submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for Q4FY26 to BSE Limited on 7th April, 2026. The certificate, issued by registrar Bigshare Services Pvt. Ltd., confirms compliance with dematerialization requirements and proper handling of securities for the quarter ended 31st March, 2026. The submission demonstrates the company's adherence to regulatory obligations and corporate governance standards.

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StarlinePS Enterprises Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated 7th April, 2026, covers the quarter ended 31st March, 2026.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 by Bigshare Services Pvt. Ltd., which serves as the company's Registrar and Share Transfer Agent. The document confirms the company's compliance with dematerialization requirements for the fourth quarter of FY26.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Covered: Q4FY26 (ended 31st March, 2026)
Submission Date: 7th April, 2026
Registrar: Bigshare Services Pvt. Ltd.
Certificate Date: 6th April, 2026

Certificate Confirmation Details

Bigshare Services Pvt. Ltd. confirmed several key compliance aspects in their certificate dated 6th April, 2026. The registrar verified that securities received from depository participants for dematerialization up to 31st March, 2026 were properly confirmed to the depositories. The certificate also confirms that all securities comprised in the certificates have been listed on the stock exchange where the earlier issued securities are listed.

Dematerialization Process Compliance

The certificate provides assurance regarding the proper handling of dematerialization processes. Key confirmations include:

  • Security certificates received for dematerialization have been mutilated and cancelled after due verification by the depository participant
  • Names of the depositories have been substituted in the register of members as registered owner within 15 days of receipt of certificate of securities
  • All processes align with NSDL and CDSL circulars dated 25th January, 2019

Company Information

Detail: Information
CIN: L14101GJ2011PLC065141
BSE Scrip Code: 540492
Registered Office: Office No. 805, Solaris Bay View, Near Iscon Mall, Piplod, Surat-395007, Gujarat
Company Secretary: Madhuriben Chhatrola (ACS: 74197)

The submission was signed by Madhuriben Chhatrola, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining proper corporate governance and regulatory compliance standards.

Historical Stock Returns for Starlineps Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.93%-11.15%-15.64%+365.27%+116.90%+128.28%

What impact will StarlinePS Enterprises' consistent regulatory compliance have on its eligibility for institutional investor interest in FY27?

How might the company's dematerialization compliance position it for potential inclusion in broader market indices or ETFs?

Will StarlinePS Enterprises leverage its strong compliance track record to explore additional stock exchange listings beyond BSE?

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1 Year Returns:+116.90%