Starlineps Enterprises Limited, a company listed on the Bombay Stock Exchange (BSE), has reported a significant change in its promoter shareholding. Varshaben Koradiya, a promoter of the company, has increased her stake through a rights issue, along with persons acting in concert.

Key Details of the Transaction

• Promoter: Varshaben Koradiya
• Transaction Type: Rights Issue
• Regulatory Framework: SEBI regulations exempting from open offer
• Disclosure Date: November 5, 2025

Shareholding Changes

The acquisition of additional equity shares has resulted in an increase of the promoter's shareholding from 36.14% to 39.12% of the company's total share capital. This represents a 2.98 percentage point increase in the promoter's stake.

Regulatory Compliance

The transaction was carried out under Securities and Exchange Board of India (SEBI) regulations that provide exemptions from making an open offer. In compliance with substantial acquisition regulations, Starlineps Enterprises Limited submitted the disclosure to the BSE on November 5, 2025.

Upcoming Board Meeting

Starlineps Enterprises Limited has announced a board meeting scheduled for November 12, 2025. The meeting agenda includes:

• Consideration and approval of unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025
• The trading window for dealing in the company's securities will remain closed until 48 hours after the declaration of these financial results

This corporate action and the upcoming board meeting signify important developments for Starlineps Enterprises Limited and its shareholders. Investors and market watchers may want to keep an eye on the company's financial results and any potential impact of the increased promoter stake on the company's future direction.

Starlineps Enterprises Limited has announced the re-appointment of Mr. Hardikbhai Rajubhai Patel as Whole-time Director for a three-year term. The decision was approved by shareholders at the company's 14th Annual General Meeting (AGM) held on September 25, 2025.

Key Details of the Re-appointment

• Term: Three years, from July 1, 2025, to June 30, 2028
• Position: Whole-time Director, liable to retire by rotation
• Initial Approval: The Board of Directors initially approved the re-appointment on June 27, 2025

About Hardikbhai Rajubhai Patel

Mr. Patel brings over a decade of experience in Information Technology to his role at Starlineps Enterprises. He holds a Bachelor of Computer Application degree from Veer Narmad South Gujarat University, Gujarat. His expertise includes working on numerous projects across various businesses and industries, contributing to their developmental and growth goals.

Additional AGM Outcomes

The 14th AGM of Starlineps Enterprises Limited also saw several other significant resolutions passed:

1. Re-appointment of Chairman & Managing Director: Mr. Shwetkumar Dhirajbhai Koradiya was re-appointed as Chairman & Managing Director for three years, from July 1, 2025, to June 30, 2028.

2. Appointment of Secretarial Auditor: Mr. Manish R. Patel, Practicing Company Secretary, was appointed as the Secretarial Auditor for five consecutive years, from FY 2025-26 to FY 2029-30.

3. Increase in Authorized Share Capital: Shareholders approved an increase in the company's Authorized Share Capital from Rs. 37 crore to Rs. 60 crore, with a consequential alteration to Clause V of the Memorandum of Association.

4. Alteration of Object Clause: The Object Clause of the Memorandum of Association was altered to expand the company's business scope.

5. Financial Approvals: Several financial resolutions were passed, including approval for material related party transactions, increasing borrowing limits, and creating charges on company assets.

Compliance Note

The company also announced the closure of the trading window for designated persons from October 1, 2025, until 48 hours after the declaration of the unaudited financial results for Q2 FY2025-26, in compliance with SEBI regulations.

Starlineps Enterprises Limited continues to strengthen its governance and operational framework with these strategic decisions, positioning itself for future growth and expansion.