Star Cement Declares 100% Interim Dividend
Star Cement Ltd's Board of Directors, in a meeting held on November 6, 2026, approved the Unaudited Standalone & Consolidated Financial Results for the second quarter and half-year ended September 30, 2026. Concurrently, the Board declared an interim dividend of 100% (Re. 1 per equity share of Re. 1 face value) for FY 2026-27, with November 13, 2026, set as the record date. The company also re-appointed Mr. Nirmalya Bhattacharyya as an Independent Director for two years from February 1, 2027, and appointed an in-house team as Internal Auditors for FY 2026-27. Notably, Star Cement decided to defer its previously approved fund-raising proposal of up to ₹1,500 crore due to prevailing market conditions, opting to fund projects through internal accruals and bank borrowings.
Key Highlights
- Board approved 100% interim dividend for FY 2026-27.
- Record date for dividend payment fixed as November 13, 2026.
- Unaudited Q2 and H1 FY27 financial results were approved.
- Fund-raising proposal of ₹1,500 crore deferred.
- Independent Director re-appointed for two years.
Price Impact
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