Star Cement Declares 100% Interim Dividend, Reappoints Director

Star Cement Ltd announced its unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. The Board of Directors declared an interim dividend of 100% (Re. 1 per equity share) for FY 2026-27, with November 13, 2026, set as the record date. Additionally, Mr. Nirmalya Bhattacharyya was re-appointed as an Independent Director for two years effective February 1, 2027. The company also appointed an in-house team as Internal Auditors for FY 2026-27. Notably, Star Cement decided not to proceed with its previously announced Rs. 1,500 crore fund-raising proposal for the time being, opting to fund projects through internal accruals and bank borrowings.