Dear Investors,
We’d like to update you on a key corporate action from Starlineps Enterprises Limited—a Rights Issue.
Here are the details and what it means for you:
Corporate Action Details
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Type of Corporate Action: Rights Issue
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Rights Ratio: 2 additional shares for every 5 existing shares held
(Entitlement to subscribe at ₹2 per share; ₹1 face value + ₹1 premium) -
Record Date: 9th September 2025 — shareholders on record by this date are eligible to apply
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Ex-Rights Date: 8th September 2025 — starts trading without rights
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Subscription Period: 15th to 23rd September 2025
What It Means for You?
Say you hold 100 shares of Starlineps Enterprises:
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Rights Entitlement: 40 rights (because of the 2:5 ratio)
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Right Price: ₹2 per share for these entitlement shares
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Action Options:
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Apply to purchase these rights shares during the subscription period
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Sell your rights entitlements on the market before they expire
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Do nothing (rights will lapse after expiry)
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Key Deadlines at a Glance
| Date | Event |
|---|---|
| 7th Sept, 2025 | Last day to buy shares to be eligible for rights |
| 8th Sept, 2025 | Shares start trading ex-rights (without rights attached) |
| 9th Sept, 2025 | Record Date — eligibility snapshot taken |
| 15–23 Sept, 2025 | Apply for or trade rights entitlements |
| 24th Sept, 2025 | Date of Allotment (on or about) |
| 25th Sept, 2025 | Date of Credit (on or about) |
| 26th Sept, 2025 | Date of Listing (on or about) |
What You Need to Do
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If you already held shares by 7th September, you’ll automatically receive rights entitlements in your demat account.
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You can then either apply for those rights shares or trade them on the exchange between 15–23 September.
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If you bought shares on or after 8th September, you’re not eligible for rights—too late.
Summary for Starlineps Rights Action
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Still Time to Act? Yes—if you held before 8th September.
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Eligibility Cutoff: Must have bought by 7th September.
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Next Step: Watch for rights entitlements in your demat and decide to subscribe, sell, or skip.