StarlinePS Enterprises Limited has announced a change in its Corporate Identification Number (CIN) following regulatory updates with the Ministry of Corporate Affairs. The company informed BSE Limited about this administrative change through a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CIN Update Details

The company's CIN has been updated from the previous number to a new identification code due to changes in the National Industrial Classification system. This change occurred automatically in the Ministry of Corporate Affairs records following the company's application to the Registrar of Companies.

Shareholder Approval and Regulatory Process

The CIN change stems from alterations made to the Main Objects Clause of the company's Memorandum of Association. Shareholders approved these changes during an Extra Ordinary General Meeting held on 24th February, 2026. The Ministry of Corporate Affairs subsequently processed the application and issued certification under Section 13(1) of the Companies Act, 2013.

The Certificate of Registration of the Special Resolution was issued by M. Yadubhushana Rao, Assistant Registrar of Companies at the Central Processing Centre, confirming that the special resolution and altered Memorandum of Association have been registered.

Company Information Update

The updated MCA Master Data reflects the new CIN along with the company's current operational details. StarlinePS Enterprises Limited maintains its registered office at Office No. 805, Solaris Bay View, Near Iscon Mall, Piplod, Surat-395007, Gujarat, India.

Financial Structure

The company's capital structure remains unchanged following the CIN update. The authorized capital stands at ₹60,00,00,000 while the paid-up capital is ₹36,31,32,000. The company conducted its last Annual General Meeting on 25/09/2025, with the balance sheet date as 31/03/2025.

The company has requested BSE Limited to update the new CIN in their records and Corporate Information section. Company Secretary and Compliance Officer Madhuriben Chhatrola signed the disclosure document, ensuring compliance with regulatory requirements.

StarlinePS Enterprises Limited has formally disclosed comprehensive details of its fund raising initiatives following the Extra Ordinary General Meeting held on February 24, 2026. The company submitted detailed notifications to BSE Limited under Regulation 30 of SEBI regulations, revealing the complete structure of its preferential issuances approved by shareholders.

Fund Raising Structure and Investor Details

The company disclosed that 199 investors will participate in the fund raising exercise through two distinct instruments. The preferential equity issuance involves 7,00,00,000 equity shares at Rs. 6.00 per share, while the convertible warrants component encompasses 48,00,00,000 warrants at the same price point.

Major Investor Allocations

The investor list reveals significant allocations to key participants, with Jinaykumar Navinchandra Koradiya receiving the largest equity allocation of 25,00,000 shares worth Rs. 1,50,00,000. Other major equity investors include Vikramkumar Shrimal Jain with 16,66,000 shares and Sagar B Mehta (HUF) with 14,16,700 shares.

Convertible Warrants Distribution

The convertible warrants allocation shows significant participation from both promoter and non-promoter categories. Promoter Dhirajbhai Vaghjibhai Koradiya received the largest warrant allocation of 11,51,48,076 warrants worth Rs. 69,08,88,456, while Varshaben D Koradiya was allocated 10,00,00,000 warrants valued at Rs. 60,00,00,000.

Post-Allotment Capital Structure

Following the completion of these allotments, the company's shareholding pattern will be restructured with promoter and promoter group holding reducing to 39.12%, while non-promoter shareholding will increase to 60.88%. The convertible warrants carry an 18-month tenure from the date of allotment and can be converted in one or more tranches.

Regulatory Compliance and Documentation

The disclosure was submitted by Company Secretary Madhuriben Chhatrola (ACS: 74197) to BSE Limited with scrip code 540492. The comprehensive documentation includes detailed investor lists, allocation amounts, and compliance confirmations under SEBI ICDR Regulations and other applicable laws. The fund raising initiative represents a significant capital expansion exercise for the company, providing substantial resources for business growth and diversification plans approved in the EGM.