Starlite Components Board Approves Q2 FY27 Unaudited Results
Starlite Components Ltd announced that its Board of Directors met on September 30, 2026, to approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The board also approved the Limited Review Report from the Statutory Auditor for the same period. The company also provided an update on its Corporate Insolvency Resolution Process (CIRP), noting that the NCLT approved a modified resolution plan on September 22, 2026, to ensure compliance with minimum public shareholding requirements. A record date of October 5, 2026, has been fixed for reducing existing equity shares and issuing new ones to financial creditors.
Key Highlights
- Board approved unaudited financial results for Q2 FY27 and H1 FY27.
- Limited Review Report from Statutory Auditor also approved.
- NCLT approved modified resolution plan for public shareholding compliance.
- Record date set for October 5, 2026, for equity share adjustments.
- Company is implementing steps to comply with NCLT order.
Price Impact
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