Starlog Enterprises Ltd

Starlog Enterprises Limited: Trading window closed from October 01, 2026 till 48 (Forty Eight) hours after the declaration of the unaudited financial results for the quarter and half year ending September 30, 2026

AGM Details

• AGM held on August 13, 2026 via VC/OAVM.
• Time was 04:30 p.m. IST.
• Voting cut-off date: August 6, 2026.
• Remote e-voting window: Aug 9–12, 2026; AGM voting available 15 minutes.
• Scrutinizer: Pravesh Palod & Associates.

Resolutions Presented

• Ordinary Resolution 1: Adopt standalone financial statements for FY 2025-26.
• Ordinary Resolution 2: Adopt consolidated financial statements for FY 2025-26.
• Ordinary Resolution 3: Re-appoint Raj Manek as director (retiring by rotation).
• Special Resolution 4: Re-appoint Shankar Viswanathan as Independent Director.

Voting Results

• Resolution 1 passed; 99.999% in favour.
• Resolution 2 passed; 99.999% in favour.
• Resolution 3 passed; 99.999% in favour.
• Special Resolution 4 passed; 99.999% in favour.

Director Changes

• Raj Manek retires by rotation; re-appointed.
• Shankar Viswanathan re-appointed as Independent Director.

AGM Details

• Held on 13 August 2026 at 04:30 PM IST via VC.
• Meeting started 04:41 PM and ended 05:27 PM IST.
• 31 members attended via VC; quorum present.
• Remote e-voting held Aug 9–12, 2026.
• Scrutinizer for e-voting: Pravesh Palod.

Resolutions

• Adopt standalone financial statements and reports.
• Adopt consolidated financial statements and reports.
• Reappoint Raj Manek as Director on rotation.
• Reappoint Shankar Viswanathan as Independent Director.

Voting status

• Voting results to be announced within two working days.

Director changes

• Raj Manek reappointed as Director on rotation.
• Shankar Viswanathan reappointed as Independent Director.

Auditors

• Auditors Bhattacharya Das & Co; issued unqualified opinions.

Financial performance

• Standalone Q1 2026: Revenue 181.25 lakh; total income 185.23 lakh; PAT -37.49 lakh; EPS -0.25.
• Consolidated Q1 2026: Revenue 282.89 lakh; total income 307.70 lakh; PAT -87.40 lakh; EPS -0.58.
• YoY: standalone revenue down ~18%; consolidated revenue down ~6%.
• Single reportable segment; results reviewed and approved by the Board.

Regulatory and risk notes

• Axis Bank RC of Rs 6,627.20 lakh against Kandla Container Terminal; DRAT appeal ongoing.
• SWPL shareholding discrepancy: company shows 26% vs SWPL's 10%; approvals pending.
• Service tax input credit unclaimed; payable Rs 251.87 lakh offset by Rs 77.36 lakh input credit.
• Carrying value impact of observed items uncertain; notes indicate unascertainable effects.

Business model & segments

• One reportable segment; standalone and consolidated results.
• Subsidiaries include Starlog Logistics, Starlift, and Kandla Container Terminal.

Processing status

• Securities received for dematerialisation up to the period end were confirmed to depositories.
• Securities dematerialised have been listed on the stock exchange where earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository's name substituted in records within 15 days.

Key decisions

• Re-appoint Shankar Viswanathan as Independent Director for five-year term (2027–2032), effective 5 Jul 2027; subject to shareholders' approval.
• Appointment of M/s Rahul D Shah & Co., Chartered Accountants as Internal Auditor for FY 2026-27.