StarlinePS allotted 6.78 crore equity shares at ₹6 each to non-promoters, raising ₹40.70 crore on preferential basis.
48 crore convertible warrants allotted at ₹6 each (total size ₹288 crore); ₹72 crore received as 25% upfront payment.
Post-allotment paid-up equity capital rose from ₹36.31 crore to ₹43.10 crore across 43.10 crore shares.
Warrants are exercisable within 18 months; promoters Varshaben D. Koradiya and Dhirajbhai Koradiya allotted 21.51 crore warrants combined.