Starlineps Enterprises Ltd to Acquire 12.15% Stake in Tobias Amines Limited for Rs. 35,26,635

Starlineps Enterprises Ltd has signed an MOU to acquire a 12.15% stake in Tobias Amines Limited from its promoters and existing shareholders. The acquisition, valued at Rs. 35,26,635, is expected to be completed by 28th February 2026. Tobias Amines Limited specializes in manufacturing intermediates for food colors, dyes, and specialty chemicals, and offers Contract Research and Manufacturing Services (CRAMS) to various industries. The company has a authorized and paid-up share capital of Rs. 25,00,000 divided into 250,000 equity shares of Rs. 10/- each, and reported a turnover of Rs. 54,60,000 in the financial year 2024-25.