
Starlineps Enterprises: Monitoring Agency Report for Q2 FY27
Starlineps Enterprises Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by Acuite Ratings & Research Limited, confirms no deviation in the utilization of proceeds from the preferential issue of equity shares and convertible warrants. The funds raised were INR 42.00 Cr from Equity Shares and INR 288.00 Cr from Convertible Warrants, with INR 72.00 Cr raised so far from warrants. The report was reviewed by the Audit Committee and taken on record by the Board on November 5, 2026. The company also confirmed that all necessary shareholder approvals and arrangements are in place, and no unfavorable events are affecting the viability of the objects.
Key Highlights
- No deviation in utilization of preferential issue proceeds.
- Report covers utilization for quarter ended September 30, 2026.
- Acuite Ratings & Research issued the monitoring report.
- Audit Committee and Board reviewed and approved the report.
- No unfavorable events affecting project viability noted.
Price Impact
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