Board Meeting11 Aug 2026, 07:11 pm
Starteck Finance Declares Unaudited Q1 FY27 Results, Approves Fundraise
AI Summary
Starteck Finance Ltd announced its unaudited financial results for the quarter ended June 30, 2026, both standalone and consolidated. The Board of Directors also approved an enabling resolution for raising funds up to ₹1,500 Crores through various modes, including debt and equity issuance. The fund-raising plan includes Non-Convertible Debt of up to ₹1,000 Crores and Equity shares/convertible securities of up to ₹500 Crores, subject to shareholder approval. The Board meeting took place on August 11, 2026.
Key Highlights
- Unaudited standalone and consolidated financial results for Q1 FY27 declared.
- Board approved enabling resolution for fund raising up to ₹1,500 Crores.
- Fund raising includes ₹1,000 Cr debt and ₹500 Cr equity/convertible securities.
- Fund raising is subject to necessary approvals.
- Board meeting held on August 11, 2026.
Price Impact
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