Starlineps Enterprises secures trading approval for 6.78Cr shares

1 min read     Updated on 01 Jul 2026, 09:41 PM
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Anirudha BScanX News Team
AI Summary

Starlineps Enterprises Limited announced that BSE Limited granted trading approval for 6,78,33,700 equity shares issued to non-promoters on a preferential basis. The shares, priced at a premium of Rs. 5 each over a face value of Re. 1, will be listed starting July 2, 2026.

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Starlineps Enterprises Limited has secured trading approval from BSE Limited for 6,78,33,700 equity shares issued to non-promoters on a preferential basis. The approval, granted via letter reference LOD / PREF / VJ / 27/ 2026-2027 dated July 1, 2026, allows for the trading of shares bearing distinctive numbers from 363132001 to 430965700. This development enables the liquidity of the recently issued securities, which carry a face value of Re. 1 each and were issued at a premium of Rs. 5 each.

The shares are scheduled to be listed and available for trading effective Thursday, July 2, 2026. BSE Limited issued Notice No. 20260701-18 on July 1, 2026, to inform trading members about the listing of these securities. The company has requested that the exchange update its records to reflect this trading approval.

Details of the Issued Securities

The following table outlines the key details of the equity shares approved for trading:

Parameter Details
Total Shares Approved 6,78,33,700
Face Value Re. 1 each
Issue Premium Rs. 5.00 each
Distinctive Numbers 363132001 to 430965700
Issue Category Preferential Basis to Non-Promoters
Listing Date July 2, 2026

The intimation was submitted by Madhuriben Chhatrola, Company Secretary & Compliance Officer of Starlineps Enterprises Limited. The exchange confirmed the listing through a system-generated communication signed by Janardhan Wagle, Deputy Vice President of BSE Limited.

Historical Stock Returns for Starlineps Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+9.87%+6.81%+202.45%+106.49%+101.63%

How will the influx of 6.78 crore new shares impact Starlineps Enterprises' existing shareholding structure?

What specific growth initiatives or capital requirements is the company targeting with the funds raised from this preferential issue?

What level of trading volume and liquidity is anticipated for these shares upon their debut on July 2, 2026?

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Starlineps Enterprises invests ₹160 crore in Celloraa Energy

1 min read     Updated on 29 Jun 2026, 09:09 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

StarlinePS Enterprises Limited approved a ₹160 crore investment to acquire a 50% stake in Celloraa Energy Private Limited, a solar cell manufacturer. The acquisition involves subscribing to shares at ₹64,000 each, targeting a facility with 1.2 GW capacity.

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StarlinePS Enterprises Limited has approved an investment of ₹160 crore to acquire a 50% stake in Celloraa Energy Private Limited, a manufacturer of solar cells. The acquisition involves subscribing to 25,000 new equity shares at a cost of ₹64,000 per share. This strategic move targets a company currently establishing a 1.2 GW solar cell manufacturing facility equipped with advanced German technology, with plans to expand capacity to 2.4 GW.

The Board of Directors approved the proposal on June 29, 2026. The investment will be made in one or more tranches, subject to the completion of customary conditions precedent, relevant regulatory approvals, and shareholder consent. The company expects the acquisition to be completed within the next 12 months. Celloraa Energy Private Limited was incorporated on February 6, 2026, and currently has NIL turnover for the financial year 2025-26.

Key Investment Details

The following table summarises the key parameters of the approved investment:

Parameter Details
Investment Amount ₹160 crore
Target Company Celloraa Energy Private Limited
Stake Acquired 50%
Cost Per Share ₹64,000
Business Segment Manufacturing of Solar Cell
Consideration Type Cash
Completion Timeline Next 12 months

Target Entity Overview

Celloraa Energy Private Limited is focused on the manufacturing of solar cells. The entity is setting up a state-of-the-art 1.2 GW manufacturing facility using sustainable, water-efficient processes. As part of its growth strategy, the company aims to scale its manufacturing capacity to 2.4 GW. The target entity has an authorized share capital of ₹1 crore and a paid-up share capital of ₹2.50 lakh.

Historical Stock Returns for Starlineps Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+9.87%+6.81%+202.45%+106.49%+101.63%

How will StarlinePS finance the ₹160 crore investment, and what impact will this have on its leverage ratios?

What specific regulatory approvals are required, and could any delays affect the 12-month completion timeline?

How will the partnership with Celloraa Energy enhance StarlinePS's competitive position in the renewable energy sector?

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