Quarterly Result22 May 2026, 03:27 pm
Star Cement Approves FY26 Audited Results; Management Changes
AI Summary
Star Cement Ltd's Board of Directors approved the audited standalone and consolidated financial results for FY 2025-26. The board also approved changes in management designations, including Mr. Prem Kumar Bhajanka's transition to Vice Chairman & Managing Director and Mr. Tushar Bhajanka's appointment as Managing Director & CEO. Additionally, the re-appointment of cost auditors and approval of a postal ballot notice for shareholder approval on Mr. Tushar Bhajanka's re-appointment were also approved.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- Prem Kumar Bhajanka redesignated as Vice Chairman & Managing Director.
- Tushar Bhajanka appointed as Managing Director & CEO, re-appointed for 3 years.
- Postal ballot approved for shareholder approval of Tushar Bhajanka's re-appointment.
- M/s B. G. Chowdhury & Co. re-appointed as Cost Auditors for FY27.
Price Impact
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