Starlog Enterprises Limited has announced a key management change with the resignation of its Company Secretary & Compliance Officer. The Mumbai-based company disclosed this development to BSE Limited in compliance with regulatory requirements.

Key Personnel Change

Ms. Bhoomi Momaya, serving as Company Secretary & Compliance Officer and designated as Key Managerial Personnel, has tendered her resignation from the company. The resignation was formally submitted through a resignation letter dated February 20, 2026.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to BSE Limited on February 21, 2026, with the company's scrip code 520155.

The disclosure follows the requirements outlined in SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Ms. Momaya has confirmed that there are no other reasons for her resignation apart from those stated in her resignation letter.

Notice Period and Transition

The resignation follows a standard 30-day notice period, with Ms. Momaya's last working day scheduled for March 21, 2026. The company has indicated that it will file necessary forms with the Registrar of Companies, Ministry of Corporate Affairs, and provide intimations to the stock exchange and other relevant authorities to formalize the resignation.

Company Information

Starlog Enterprises Limited operates from its registered office at 501, Sukh Sagar, N. S. Patkar Marg, Mumbai – 400007, Maharashtra. The announcement was signed by Raj Manek, Whole-time Director & Chief Financial Officer, with DIN 10997941.

Starlog Enterprises Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing significant challenges in operational performance. The company's Board of Directors approved these results at their meeting held on January 28, 2026.

Standalone Financial Performance

The company's standalone operations showed a marked deterioration in Q3FY26 compared to the previous year. Revenue from operations declined substantially, while the company moved from profitability to losses.

The company's expenditure structure remained elevated despite lower revenues. Employee costs increased to ₹72.95 lakhs from ₹62.66 lakhs, while operation and administration costs rose to ₹202.62 lakhs from ₹160.72 lakhs. Finance costs decreased to ₹15.45 lakhs from ₹23.45 lakhs, and depreciation declined to ₹62.34 lakhs from ₹66.21 lakhs.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the standalone performance showed continued pressure with revenue declining to ₹596.77 lakhs from ₹983.85 lakhs in the corresponding period last year.

Consolidated Financial Results

The consolidated financial performance also reflected similar challenges, with the company reporting losses across both quarterly and nine-month periods.

For the nine-month period, consolidated revenue from operations declined to ₹746.58 lakhs from ₹1,096.50 lakhs, representing a 31.92% decrease. The consolidated net loss for nine months stood at ₹764.06 lakhs compared to a profit of ₹2,611.75 lakhs in the previous year.

Capital Structure and Corporate Actions

The company's paid-up equity share capital increased to ₹1,496.69 lakhs from ₹1,196.70 lakhs due to a preferential allotment completed in the previous quarter. The company issued and allotted 30,00,000 equity shares of face value ₹10 each at an issue price of ₹50 each, including a premium of ₹40 per share, raising ₹1,500 lakhs.

Exceptional Items and Tax Position

The company reported exceptional profit of ₹21.94 lakhs in Q3FY26, attributed to sundry balances written back. The company had no current or deferred tax expense for the quarter, with a tax credit of ₹2.19 lakhs related to earlier years. The consolidated results showed tax expenses across various categories, including current tax, deferred tax, and adjustments for earlier years.

Regulatory Compliance and Audit

The financial results have been subjected to limited review by the company's statutory auditors, Bhattacharya Das & Co., Chartered Accountants. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI listing regulations. The company operates in a single reportable segment and maintains its registered office at 501, Sukh Sagar, N. S. Patkar Marg, Mumbai.