StarlinePS Enterprises Board Approves Capital Expansion and Preferential Allotment Worth Rs. 330 Crore
Published on: Jan. 24, 2026, 7 p.m. | Source: scanx.trade
StarlinePS Enterprises Limited's board approved significant capital structure changes on January 24, 2026, including increasing authorized capital from Rs. 60 crore to Rs. 100 crore. The company plans preferential allotment of 7 crore equity shares at Rs. 6 per share to raise Rs. 42 crore and issuance of 48 crore convertible warrants worth Rs. 288 crore. The board also approved business expansion into fashion and lifestyle products and scheduled an extraordinary general meeting for February 24, 2026, to seek shareholder approval.
