Starlineps Enterprises Limited has disclosed to BSE Limited regarding a drawdown notice received from Growth Sense Venture Fund. The company informed the stock exchange about this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Commitment Details

The drawdown notice pertains to the contribution agreement that Starlineps Enterprises Limited entered into with Growth Sense Venture Fund, as previously intimated to the exchange. The fund is described as a contributory determinate trust with which the company committed to contribute an aggregate amount of ₹3.00 crore.

Drawdown Mechanism and Compliance

The company has remitted ₹20.00 lakh to the Growth Sense Venture Fund account following the receipt of the drawdown notice. This amount represents 6.67% of the total commitment of ₹3.00 crore to the trust.

The contribution framework operates under a drawdown mechanism specified by the fund from time to time. The company emphasized that all contributions are made in compliance with applicable legal and regulatory requirements.

Regulatory Disclosure

The disclosure was made pursuant to the company's earlier intimation, maintaining transparency with stakeholders about the investment commitment. The company secretary and compliance officer, Madhuribenben Chhatrola (ACS No.: 74197), signed the regulatory filing submitted to BSE Limited.

Starlineps Enterprises' registered office is located at Office No. 805, Solaris Bay View, Near Iscon Mall, Piplod, Surat-395007, Gujarat, India.

Starlineps Enterprises Limited, a diamond and jewellery trading company, has announced robust financial results for the quarter ended September 30, 2025. The company reported a significant increase in net profit and revenue, showcasing strong performance in the second quarter of the fiscal year.

Key Financial Highlights

Starlineps Enterprises reported a net profit of Rs 200.78 lakh for the quarter, marking a substantial increase of 71.5% compared to the previous quarter's Rs 117.05 lakh. The company's revenue from operations surged to Rs 3,685.95 lakh, representing a remarkable growth of 193.2% from Rs 1,257.08 lakh in the first quarter.

Operational Performance

The company's strong financial performance can be attributed to several factors:

1. Increased Sales Volume: The significant jump in revenue suggests a substantial increase in the company's sales volume of diamonds and jewellery.

2. Improved Profit Margins: Despite the surge in revenue, the company has managed to maintain healthy profit margins, indicating efficient cost management.

3. Market Demand: The results reflect a potentially strong demand for diamonds and jewellery in the market during the quarter.

Financial Position

As of September 30, 2025, Starlineps Enterprises reported the following balance sheet highlights:

• Total Assets: Rs 7,031.37 lakh
• Total Equity: Rs 3,530.40 lakh
• Current Assets: Rs 6,233.56 lakh

The company's strong current asset position, particularly in inventories (Rs 2,501.93 lakh) and trade receivables (Rs 2,139.32 lakh), indicates a healthy working capital cycle.

Recent Corporate Actions

Starlineps Enterprises has recently undertaken several significant corporate actions:

1. Rights Issue: The company completed a rights issue, allotting 10.37 crore equity shares of face value Re. 1 each to eligible shareholders in October 2025.

2. Increase in Authorized Share Capital: The company increased its authorized share capital from Rs. 37 crore to Rs. 60 crore, following member approval in September 2025.

3. Subsidiary Incorporation: A wholly-owned subsidiary, Starline PS International Private Limited, has been incorporated, although it has not yet commenced operations.

Conclusion

Starlineps Enterprises has demonstrated strong financial performance in the second quarter of fiscal year 2025-26, with significant growth in both revenue and net profit. The company's recent corporate actions, including the rights issue and increase in authorized share capital, may indicate potential for future expansion. However, as with any company in the diamond and jewellery sector, future performance may be subject to market conditions and economic factors.