Postal ballot with 4 resolutions including director appointment and large investments
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StarlinePS Enterprises has issued a postal ballot notice dated 29 June 2026 for 4 special resolutions via e-voting from 03 July to 01 August 2026. Items: (1) appoint Mr. Shreyansh Baid as Independent Director for 5 years; (2) approve investments, loans, and guarantees up to Rs. 2,000 Crore under section 186; (3) invest up to Rs. 350 Crore in Celloraa Energy Private Limited, a solar cell maker; (4) give guarantees or securities up to Rs. 1,000 Crore to Celloraa Energy.
Shareholders vote on a new independent director and combined investment plus guarantee limits of about 2,000 Crore tied to Celloraa Energy, a solar cell unit.