Starlite Components Limited has closed the trading window for designated employees and their immediate relatives effective October 1, 2026. This measure applies to dealings in the company's equity shares and will remain in force until 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026.

The closure is implemented in compliance with the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders. This code aligns with the Prohibition of Insider Trading Regulations, 2015, as amended. The restriction ensures that insiders do not trade while in possession of unpublished price-sensitive information regarding the upcoming quarterly performance.

Compliance Details

The intimation was submitted to the Corporate Services Department of BSE Limited on September 28, 2026. The filing specifies that both the start date of October 1, 2026, and the end date of the window are inclusive. The company is required to take this on record and acknowledge receipt.

The document was digitally signed by Prabhu Shankarappa Biradar, Director of Starlite Components Limited. The registered office of the company is located in the MIDC Area, Satpur, Nasik, Maharashtra.

Starlite Components Limited reported a net loss of ₹7.09 lakh for FY26, widening from a loss of ₹5.59 lakh in the previous year. The decline was driven by a sharp drop in revenue and increased operational costs amidst ongoing resolution plan implementation.

The company’s revenue from operations fell 61% year-on-year to ₹186.32 lakh, down from ₹475.43 lakh in FY25. This contraction reflects tightened market conditions impacting business performance during the year under review.

Financial Performance

Sub-contracting expenses constituted the largest cost component at ₹177.01 lakh, down significantly from ₹451.66 lakh in the prior year. The company recorded exceptional items of ₹6.42 lakh related to the implementation of its approved resolution plan, which partially offset the operating losses.

Corporate Governance & AGM Details

Starlite Components has scheduled its 35th Annual General Meeting (AGM) for September 30, 2026, at 5:00 pm at its registered office in Nashik. The Board of Directors approved the agenda during a meeting held on September 9, 2026.

Key Agenda Items

• Adoption of Financials: Shareholders will receive and adopt the audited financial statements for FY26.
• Director Re-appointment: Mr. Mahesh Bhagwandas Bakliwal retires by rotation but is eligible and has offered himself for re-appointment.
• Secretarial Auditor: Appointment of Anirudh Kumar Tanvar as Secretarial Auditor for five financial years (April 1, 2026, to March 31, 2031).
• Managerial Remuneration: A special resolution seeks approval for managerial remuneration up to ₹3 crore per annum in case of inadequate or no profits.

Insolvency Resolution Status

The company remains in the process of implementing its NCLT-approved resolution plan submitted by Solar Copyer Limited. An interlocutory application seeking modification of the plan to comply with SEBI’s minimum public shareholding norms is pending before the NCLT, Mumbai Bench. Until this is resolved, trading of the company’s securities remains suspended on BSE.

The statutory auditors, Sharp Aarth & Co LLP, qualified their opinion due to material uncertainties regarding going concern and the pending implementation of the resolution plan.