Starlog Enterprises Limited has announced a major contract win for its material subsidiary, with Starport Logistics Limited securing a Letter of Intent from Cemindia Projects Limited for a comprehensive tower crane lease agreement worth ₹10.80 crores.

Contract Details and Scope

The Letter of Intent, bearing reference number Cemindia/NMI02/Equipment/LOI/25-26/001, encompasses the lease rental of one tower crane with an 80MT capacity for the Adani Connex Data Centre project in Navi Mumbai. The contract value stands at ₹10,80,00,000 (excluding applicable GST) and covers a comprehensive range of services.

Service Components

The contract encompasses multiple service elements beyond the basic lease arrangement. Starport Logistics Limited will be responsible for:

• Deployment and installation of the tower crane
• Operational management throughout the lease period
• Commissioning and setup procedures
• Ongoing maintenance and technical support
• Final dismantling upon contract completion

Regulatory Compliance and Disclosures

The company has fulfilled all regulatory disclosure requirements under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Key compliance aspects include:

The contract represents a domestic business arrangement with no related party implications or promoter group interests involved. The agreement falls within standard commercial terms and does not require arm's length transaction considerations.

Business Impact

This contract award demonstrates Starport Logistics Limited's capabilities in providing specialized heavy equipment solutions for major infrastructure projects. The 24-month duration provides revenue visibility for the subsidiary, while the association with the Adani Connex Data Centre project positions the company within India's expanding data centre infrastructure sector.

The Letter of Intent has been formally accepted by Starport Logistics Limited, marking the commencement of the contractual relationship with Cemindia Projects Limited for this significant tower crane lease arrangement.

Starlog Enterprises Limited has announced the unfortunate demise of Ms. Mita Namonath Jha, Independent Director of the company, who passed away on December 21, 2025. The Mumbai-based company informed BSE Limited about this development on January 13, 2026, through a formal communication under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Disclosure Details

The company learned about Ms. Jha's demise through a family member and promptly communicated the same to the stock exchange. As per regulatory requirements, Starlog Enterprises provided comprehensive details in compliance with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Corporate Communication

The disclosure was signed by Ms. Edwina Dsouza, Whole-time Director (DIN: 09532802), on behalf of Starlog Enterprises Limited. The communication was digitally signed on January 13, 2026, at 17:13:49 +05'30' from Mumbai. All directors and employees of the company have expressed their deep sympathy, sorrow, and condolences to Ms. Jha's family during this difficult time.

Company Information

Starlog Enterprises Limited operates from its registered office at 501, Sukh Sagar, N. S. Patkar Marg, Mumbai – 400007, Maharashtra. The company holds MSME registration UDYAM-MH-18-0205650 and operates under CIN: L63010MH1983PLC031578. The regulatory filing ensures transparency and compliance with stock exchange requirements for material events affecting the board composition.