Each existing equity share of face value of ₹5 will be divided into five equity shares of ₹1 each. The record date for this stock split will be announced in due course.

StarLineps Enterprises has unveiled a series of significant corporate actions aimed at enhancing shareholder value and driving future growth. At its board meeting on August 8, the company approved several strategic decisions that caught the attention of investors and analysts.

The authorized share capital of the company has been increased from Rs 22 crore to Rs 37 crore. In an effort to increase share liquidity and make it more accessible to small investors, StarLineups has also approved stock splits. Each existing equity share of face value of ₹5 will be divided into five equity shares of ₹1 each. The record date for this stock split will be announced in due course.

Moreover, the board has approved the issue of bonus shares in the ratio of 1:5, which means shareholders will get one additional share for every five shares held. The initiative is pending shareholder approval via postal ballot, underscoring the company's commitment to rewarding investors.

To ensure transparency and proper conduct of the voting process, Mr. Manish R. Patel has been appointed as scrutinizer.
Starlineps has shown strong financial growth over the years with significant growth in revenue and profit.

The company's strong fundamentals are supported by consistent earnings growth, efficient capital utilization and a debt-free balance sheet. STARLENT's return on equity (ROE) and return on capital employed (ROCE) are improving, indicating efficient management and strong profitability.

(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult a qualified financial advisor before making any investment decisions.)