Starlite Components Ltd. Approves Q3 Results Pending Resolution Plan Implementation and NCLT Application

Starlite Components Ltd. has approved the un-audited financial results for the quarter ended December 31, 2025. The company is currently under Corporate Insolvency Resolution Process (CIRP) and is awaiting the approval of necessary modifications to the approved resolution plan to ensure compliance with the minimum public shareholding requirement of 5%. The implementation of the full resolution plan is pending, and the extinguishment of existing share capital and issue of new share capital has not been done. The company has also initiated commercial arbitration proceedings for the recovery of substantial outstanding contractual dues from the Ambernath Municipal Corporation.