Investment23 Jun 2026, 06:10 pm
Starlog Enterprises to infuse up to ₹5 Cr in subsidiary Starport Logistics
AI Summary
Starlog Enterprises Limited announced that its Board of Directors, in a meeting held on June 23, 2026, approved a further infusion of funds not exceeding INR 5 Crore into its wholly-owned subsidiary, Starport Logistics Limited. The infusion can be made in one or more tranches, either through subscription in securities or via convertible loans, subject to regulatory compliance. The board meeting commenced at 03:44 PM IST and concluded at 03:55 PM IST.
Key Highlights
- Board approved fund infusion of up to ₹5 Crore.
- Funds to be invested in wholly-owned subsidiary Starport Logistics.
- Infusion can be via securities subscription or convertible loans.
- Subject to applicable laws and regulatory approvals.
Price Impact
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