BSECompany Update5d ago · 31 Aug 2026, 02:08 pm
Updates on completion of 20% equity stake in Celloraa Energy Private Limited
Starlineps Enterprises Ltd · 540492
✦ AI Summary▲ PositiveM&A
Starlineps Enterprises Ltd has completed the acquisition of a 20% equity stake in Celloraa Energy Private Limited for Rs. 40 crore. The acquisition was made at a total consideration of Rs. 40 crore, and Celloraa Energy Private Limited has become an Associate Company of Starlineps Enterprises Ltd.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Starlineps Enterprises Ltd - 540492 - Updates On Completion Of 20% Stake In Celloraa Energy Private Limited
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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
31st August, 2026
The Corporate Relations Department
BSE Limited
P. J. Towers, Dalal Street,
Mumbai-400001, Maharashtra
Scrip Code: 540492
Subject: Update on completion of 20% Acquisition of Equity Stake in Celloraa Energy
Private Limited
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI Listing Regulations, and further to our earlier intimations dated
29th June, 2026 regarding investment of 50% stake in the aggregate post money paid-up equity share
capital of Celloraa Energy Private Limited (“Target Entity”) for a value of Rs. 160 Crore (Rupees One
Hundred Sixty Crore) by subscribing new equity shares of the Target Entity, we are pleased to inform that
the Company has completed the acquisition of 6,250 equity shares, representing 20% of the issued and
paid-up share capital of Target Entity as on 31st August, 2026 at total consideration of Rs. 40 crore
(Rupees Forty Crore).
Consequent to the said acquisition, Celloraa Energy Private Limited has become an Associate Company
of the Company in accordance with the provisions of the SEBI Listing Regulations, as amended from
time to time.
The above information is also available on the website of the Company at www.starlineps.com.
Kindly take the same on your record.
Thanking you,
Yours faithfully,
For StarlinePS Enterprises Limited
Madhuriben Chhatrola
Company Secretary & Compliance Officer
ACS: 74197