Starlog Enterprises Limited inform you that the Board of Directors at its meeting held today i.e., Wednesday, May 27, 2026, inter-alia, considered and approved the appointment of Ms. Kashish ....
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The Board of Directors approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Standalone revenue declined to ₹769.70 Lakhs from ₹1,199.16 Lakhs YoY, with a net loss of ₹864.79 Lakhs. Consolidated revenue fell to ₹986.90 Lakhs from ₹1,380.74 Lakhs YoY, with a net loss of ₹1,343.76 Lakhs. The Board appointed Ms. Kashish Kesharwani as Company Secretary and Compliance Officer (KMP). It also approved infusing up to ₹5 Crore into Starport Logistics Limited (WOS) and investing up to ₹1.60 Crore into Kandla Container Terminal Private Limited (WOS). Auditors flagged concerns including a shareholding discrepancy in South West Port Limited (Company shows 26% but SWPL records show 10%) and a Recovery Certificate of ₹6,627.20 Lakhs against KCTPL by Axis Bank (sub-judice).
The company reported significant losses with revenue declining ~35% YoY, indicating operational stress. The ongoing legal disputes and investment discrepancies in associates add governance risks. Shareholders should monitor the subsidiary funding requirements and resolution of sub-judice matters.