SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Starlog Enterprises’ arm gets nod to sell entire stake of India Ports & Logistics

16 Dec 2022 Evaluate

Starlog Enterprises’ wholly owned subsidiary -- Starport Logistics (SLL) has received approval to sell its entire stake being 75,00,060 Equity Shares aggregating to 29.60% of the paid-up Equity Share Capital in its Associate Company, India Ports & Logistics (IPLPL) for an aggregate consideration of Rs 16.50 crore to Bollore Logistics India. In connection of the same, Starport Logistics has entered in a Share Purchase agreement (SPA) dated December 14, 2022 for disposal of its entire stake of 29.60% Equity holding held in IPLPL.

Pursuant to execution of the SPA and transfer of shares, SLL’s shareholding in IPLPL would become nil, and as a result, IPLPL would cease to be an associate company of SLL.

Starlog Enterprises incorporated in 1983 specializes in Crane hiring, Port infrastructure and Port Services.

Starlog Enterprises Share Price

40.08 0.37 (0.93%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Syngene Internation. 435.70
Indegene 486.80
CMS Info Systems 318.00
JITF Infralogistics 338.00
Sagility 42.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×