StarlinePS Enterprises has completed acquiring 20% of Celloraa Energy Private Limited's equity shares for a total consideration of Rs. 40 crore.

This acquisition makes Celloraa Energy an Associate Company for StarlinePS.

This move is part of a previously announced plan to invest in a 50% stake in Celloraa Energy for a value of Rs. 160 crore.

This partial completion marks a significant step in the company's strategic investment, expanding its operational reach and potential future revenue streams through an associate entity.