StockWatch
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Cement & Cement Products
Dividend6 Nov 2026, 02:22 pm

Star Cement Declares 100% Interim Dividend, Sets Nov 13 Record Date

AI Summary

Star Cement Ltd's Board of Directors, in a meeting held on November 6, 2026, approved the un-audited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. The Board also declared an interim dividend of 100% (Re. 1 per equity share of face value Re. 1) for FY 2026-27, with November 13, 2026, fixed as the record date. Additionally, the Board 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. The company also decided to defer its previously approved fund-raising proposal of up to ₹1,500 crore.

Key Highlights

  • Star Cement declared a 100% interim dividend for FY 2026-27.
  • Record date for interim dividend set as November 13, 2026.
  • Unaudited financial results for Q2 FY27 approved.
  • Independent Director re-appointed for a two-year term.
  • Fund-raising proposal of ₹1,500 crore deferred.