Description
STARLINEPS ENTERPRISES LIMITED announces rights issue with record date September 8, 2025, offering 2 equity shares for every 5 shares held at Rs. 2 per share.
Summary
STARLINEPS ENTERPRISES LIMITED (BSE Code: 540492) has announced a rights issue of equity shares with record date set for September 8, 2025. The company will issue 2 equity shares of Re. 1/- each at a premium of Re. 1/- for every 5 equity shares held by existing shareholders.
Key Points
- Company: STARLINEPS ENTERPRISES LIMITED (BSE Code: 540492)
- Rights ratio: 2 equity shares for every 5 shares held
- Issue price: Rs. 2/- per share (Re. 1/- face value + Re. 1/- premium)
- Full payment required on application
- Ex-rights trading begins September 8, 2025
- Settlement number: DR-710/2025-2026
Regulatory Changes
No regulatory changes introduced. Standard rights issue procedure following existing BSE guidelines for corporate actions.
Compliance Requirements
- Trading members must ensure transactions are conducted on ex-rights basis from September 8, 2025
- All equity share transactions must reflect the ex-rights status in settlement DR-710/2025-2026
- Members must take note of the rights issue terms for proper trade execution
Important Dates
- Record Date: September 8, 2025
- Ex-Rights Trading Commencement: September 8, 2025
- Settlement: DR-710/2025-2026
- Notice Date: September 1, 2025
Impact Assessment
Medium impact on existing STARLINEPS shareholders who will receive rights to subscribe to additional shares. The rights issue will dilute existing shareholding if rights are not exercised. Trading will be affected as shares will trade ex-rights from the record date, potentially impacting share price due to the rights adjustment.
Impact Justification
Standard rights issue affecting existing shareholders with clear dates and ratios