BSECompany Update6d ago · 14 Aug 2026, 11:45 am
With reference to our original submission Ack No. 13899908 dated 13th August, 2026, PFA revised Monitoring Agency Report for the quarter ended 30th June, 2026. Due to technical glitch, ....
Starlineps Enterprises Ltd · 540492
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Starlineps Enterprises Ltd submitted a revised Monitoring Agency Report for the quarter ended 30th June, 2026, due to a technical system glitch that rendered the digital signature on the previously uploaded PDF file visually unsigned. The report confirms that there are no modifications, revisions, or changes of any nature made to the text, financial figures, or data presented in the report.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Starlineps Enterprises Ltd - 540492 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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STARLINEPS ENTERPRISES LIMITED
CIN: L14101GJ2011PLC065141
Regd. Off: Office No. 805, Solaris Bay View, Near Iscon Mall,
Piplod, Surat-395007, Gujarat, India.
Contact No: +91-7574999004 Email ID: info@starlineps.com
Website: www.starlineps.com
14th August, 2026
The Corporate Relations Department
BSE Limited
P. J. Towers, Dalal Street,
Mumbai-400001, Maharashtra
Scrip Code: 540492
Subject: Submission of Revised Monitoring Agency Report for the quarter ended 30th June, 2026.
Ref: Original Submission Acknowledgement Number: 13899908 dated 13th August, 2026
Dear Sir/Madam,
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with Regulation 162A of the SEBI (Issue of Capital and Disclosure
Requirements) Regulations, 2018, please find enclosed herewith Revised Monitoring Agency Report
for the quarter ended 30th June, 2026, issued by Acuite Ratings & Research Limited, in respect of
utilisation of proceeds raised through Preferential Issue of Equity shares and Convertible Warrants of
the Company.
We regret to inform you that due to a technical system glitch, the digital signature on the previously
uploaded PDF file of Monitoring Agency Report failed to appear or render properly on the portal,
rendering the document visually unsigned.
We hereby clarify and confirm that there are no modifications, revisions, or changes of any nature made
to the text, financial figures, or data presented in the report. This document is being re-uploaded solely
to ensure compliance by providing the visually and validly digitally signed copy of the report.
Kindly take the enclosed revised report on your records and update the exchange dissemination
platform.
We regret any inconvenience caused in this regard.
Thanking You.
For StarlinePS Enterprises Limited
Madhuriben Chhatrola
Company Secretary and Compliance officer
ACS No: 74197
Acuite
RATINGS & RESEARCH
Name of the issuer Starineps Enterprises Limited
For quarter ended + Q1-FY2026-27
Name of the Monitoring Agency + Acuité Ratings and Research Limited
(a) Deviation from the objects + Acuité Ratings and Research Limited
(b) Range of Deviation :No Deviation s observed.
(C) Any other material factfo be highlighted : None
Declar
We declare fhat this report provides an objective view of the utiization of the issue proceeds in relation fo the objects of the issue based on the information provided
by the ksuer and information obtained from sources believed by if fo be accurate and reliable. The MA does not perform an audit and underfakes no independent
verification of any information/ cerifications/ statements it receives. This Report is not infended to create any legally binding obligations on the MA which accepls no
responsibiity, whalsoever, for loss or damage from fhe use of the said information. The views and opinions expressed herein do nof constitute the opinion of MA fo deal
in any security of the ksuer in any manner whalsoever. Nothing mentioned in this report s infended fo or should be construed as creating a fiduciary relationship.
between the MA and any issuer or between the agency and any user of his report. The MA and ifs affiiates also do not act as an expert as defined under Section 2(38)
of the Comparies Act, 2013.
The MA orifs affifiates may have credit rafing or other commercial transactions with the entity to which the report pertains and may receive separate compensation
forits ratings and certain credit-related analyses. We confirm that there is no confiict of interest in such relationship/interest while monitoring and reporting the ufiization
of the issue proceeds by the issuer, or while undertaking credit rafing or ofher commercial transactions with the enfity
We have submitted the report herewith in line with the format prescribed by SEBL. capturing our comments, where applicable. There are certain sections of fhe report
under the fifle "Comments of the Board of Directors”, that shall be captured by the ksuer's Management / Audit Committee of the Board of Directors subsequent fo
the MA submitting their report fo the issuer and before dissemination of the report hrough sfock exchanges. These sections have not been reviewed by the MA. and
the MA fakes no responsibilty for such comments of the issuer's Management/Board.
Digitally signed
VI kaS MbyiV sihkvas s Y
Mishra 00815
Tazar w0530
Signature:
Vikas Mishra
Depuly Vice President - Process Excellence
Report Date: August 13, 2026
Acuite”
RATINGS & RESEARCH
Name of the issuer : Starlineps Enterprises Limited
Names of the promoter + Mr. Shwetkumar Koradiya
Industry/seoc wthiocrh it belongs + Trading~ Minerals / Metals & Mining
Issue Period + March 14,2026t March 23, 2026
Type of issue : Private Placement cum Preferential basis
Type of specified securities +1.Equity Share
2. Convertioke Warrants
IPO Grading, if any + Not Applicable
Issue size (INR Cr.) +1. 42,00 (Equity Share)
2. 288.00 (Converficle Warronts)
Refer the below table for Equity Share and Warrant Issue
Pariicular Unifs Issued Actual Alloment O'feT Price Issue Size Amount Raised % Issue Size
(INR) (INRCE) (INR Cr.) Raised
Equity 7,00,00,000 6,78,33,700 600 4200 4070 9691
Warrants 48,00,00,000 48,00,00,000 600 28800 7200 25.00
Total - - 33000 1270 -
Report Date: August 13, 2026
Acuite”
RATINGS & RESEARCH
Source of
information cerfications
sr. Particulars Reply from the issuer considered by Monitoring Comments of the Monitoring Comments of the Audit
No. Agency for preparation of Agency. Commitiee
report
Uliisations in ihe respective
Whether all ufiization is as per the disclosures in Yes abjects are as per disclosures No Comments
the Offer Document?
by the company.
Whether shareholder approval has been
No material deviation is
obtained in case of material deviations from Yes No Comments
observed.
expenditures disclosed in the Offer Document?
Whethethre mearns of finance for the disclosed Yes No change is observed. No Comments
objects of the issue has changed?
The issuer has not appointed
Is there any major deviation observed over the No any other Monitoring Agency No Comments
earlier monitoring agency reports2
Documents provided by eariier.
the issuer, Private No Govemment / Statutory
Whether all Govemment/statutory approvals
reloted fo fhe object(s) have been oblained? Yes Placement Offer Letter, approval is required for No Comments
Bank Statement, Invoices objects.
Whether all aangements pertaining fo and independent Auditors No arrangement pertaining
technical assistance/collaboration are i Yes Cerfificate issued by M/s. fo technical assistance / No Comments
Kansariwala & Chevii. collaboration is required with
operation?
reference fo the object.
No favorable eventis
Are there any favorable events improving the
viabilty of these object(s)2 Yes observed that may improve No Comments
the vidbilty of these objects.
No unfavorable event i
Are there any unfavorable events affecting fhe
viability of the object(s)2 No observed affecting the No Comments
viabilty of these objects.
No relevant information is
Isthere any ofher relevant information that
may malerially affect fhe decision making of No e afv fi ed ce tn t t ht eh a dt e cm ia siy o nm a mt aer ki ia nl gly o f No Comments
the investors2 the investors.
Report Date: August 13, 2026
Acuite”
RATINGS & RESEARCH
i Cost of object(s)
Comments of the Audit Committee
Source of information / Original cost (as
st Hem cerfications considered by perthe Offer Revised COmentsofthe
No. Head Monitoring Agency for Document) Cost A Rewsonof | Proposed
preparation of report (INR Cr) =7 cCoostl finan:c ing EeaPtiovicre ol e
1 Funding the acquisiion Documents provided by 23500 -
, Bpemsonoledfing | tPhaec iesmsueern, tP rOifvfaetreL eter, w
and new business Bank Stafement, Invoices 154 - Nochangeis
object and independent observed. No Commens
Auditors Cerificate
s Geneacopante ST e 8000 .
ite M
Kansariwala & Chevii.
Tofal 33000 -
Report Date: August 13, 2026
Acuite”
RATINGS & RESEARCH
Progress in the object(s
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