Board Meeting22 May 2026, 03:18 pm
Star Cement Approves FY26 Audited Results, Management Changes
AI Summary
Star Cement Ltd's board meeting on May 22, 2026, approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The board also approved the change in designation of Mr. Prem Kumar Bhajanka to Vice Chairman & Managing Director and re-appointed Mr. Tushar Bhajanka as Managing Director & CEO for a further period of 3 years. Additionally, the board approved conducting a postal ballot for the re-appointment of Mr. Tushar Bhajanka and re-appointed M/s B. G. Chowdhury & Co. as Cost Auditors for FY 2026-27.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- Prem Kumar Bhajanka redesignated as Vice Chairman & Managing Director.
- Tushar Bhajanka re-appointed as Managing Director & CEO for 3 years.
- Postal ballot approved for Tushar Bhajanka's re-appointment.
- M/s B. G. Chowdhury & Co. re-appointed as Cost Auditors for FY27.
Price Impact
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