Starlite Components Declares Un-Audited Q1 FY27 Results

Starlite Components Ltd's Board of Directors, in a meeting held on August 13, 2026, approved the Un-Audited Financial Results for the quarter ended June 30, 2026. The company is currently navigating a complex situation following its Corporate Insolvency Resolution Process (CIRP). A key issue is the pending application before the NCLT to modify the approved resolution plan to comply with the minimum 5% public shareholding requirement, which has led to BSE withholding permission to trade the company's securities. Additionally, the company is involved in commercial arbitration proceedings for recovery of contractual dues from Ambernath Municipal Corporation.