Management Change22 May 2026, 03:30 pm
Star Cement: Prem Kumar Bhajanka Now Vice Chairman & MD
AI Summary
Star Cement Ltd's board has approved changes in management, including the redesignation of Mr. Prem Kumar Bhajanka from Managing Director to Vice Chairman & Managing Director, and Mr. Tushar Bhajanka from Deputy Managing Director to Managing Director & CEO, with a reappointment for 3 years. The board also approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, and re-appointed M/s B. G. Chowdhury & Co. as Cost Auditors for FY 2026-27, subject to shareholder ratification.
Key Highlights
- Prem Kumar Bhajanka redesignated as Vice Chairman & Managing Director.
- Tushar Bhajanka appointed as Managing Director & CEO, re-appointed for 3 years.
- Audited standalone and consolidated financial results for FY26 approved.
- M/s B. G. Chowdhury & Co. re-appointed as Cost Auditors for FY 2026-27.
- Postal ballot approved for shareholder approval of Tushar Bhajanka's reappointment.
Price Impact
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