We would like to inform that Rights Issue Committee in their meeting held today i.e. 07th October, 2025, in which, interalia, considered and approved the allotment of Rights equity shares.
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Starlineps Enterprises Ltd has completed the allotment of 10,37,52,000 fully paid-up equity shares on a rights basis at ₹2 per share (face value ₹1 + ₹1 premium). This follows the Letter of Offer dated 28th August 2025 and the basis of allotment finalised with the registrar and BSE. Post-allotment, the company's paid-up equity share capital rises from 25,93,80,000 shares to 36,31,32,000 shares, an increase of about 40%. The newly allotted shares will rank equally with existing shares in all respects.
The rights issue increases the share count by roughly 40%, which will dilute existing shareholders' ownership unless they subscribed fully. Shareholders who did not participate may see a proportional reduction in their stake and earnings per share, though the ₹1 premium above face value indicates the company raised equity at a modest price.