We are please to inform you that BSE has granted listing approval for listing of 67833700 equity shares of face value of Re. 1/-each
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Starlineps Enterprises Ltd has received listing approval from BSE for 6,78,33,700 equity shares with face value of Re. 1 each. The shares were issued at a premium of Rs. 5/- per share to non-promoters on a preferential basis. Trading approval will be granted only after the company submits additional confirmations from NSDL/CDSL regarding share crediting and lock-in compliance. The company must ensure compliance with SEBI ICDR Regulations regarding preferential allotments.
The listing approval enables these newly issued shares to start trading on BSE, which will increase the company's public shareholding. Existing shareholders may face dilution as non-promoter preferential allotments add to the float.