Starlineps Enterprises touches roof on inking MoU to acquire 12.15% stake in Tobias Amines
Starlineps Enterprises is locked its upper circuit at Rs. 4.05, up by 0.19 points or 4.92% from its previous closing of Rs. 3.86 on the BSE.
The scrip opened at Rs. 4.05 and has touched a high and low of Rs. 4.05 and Rs. 4.05 respectively. So far 206193 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 6.79 on 09-Sep-2025 and a 52 week low of Rs. 1.90 on 06-Nov-2025.
Last one week high and low of the scrip stood at Rs. 4.05 and Rs. 3.11 respectively. The current market cap of the company is Rs. 147.07 crore.
The promoters holding in the company stood at 36.15%, while non-institutions held 63.85% stake in the company.
Starlineps Enterprises has signed memorandum of understanding (MoU) to acquire 30,375 equity shares of Rs 10 each i.e. 12.15% stake of the Tobias Amines from its promoters and exiting shareholders. The cost of the said acquisition is Rs 116.10 per share, aggregating to Rs 35,26,635. The acquisition is to be completed on or before February 28, 2026.
Starlineps Enterprises is engaged in trading and retailer ship of diamonds in Surat.
