Star Cement Reappoints Nirmalya Bhattacharyya as Independent Director

Star Cement Ltd announced the reappointment of Mr. Nirmalya Bhattacharyya as an Independent Director for a further period of two years, effective February 1, 2027, up to January 31, 2029. This reappointment is subject to shareholder and other applicable approvals. The Board also approved the Un-audited Standalone & Consolidated Financial Results for the second quarter and half year ended September 30, 2026, and declared an interim dividend of 100% (Re. 1 per equity share). The record date for this dividend is November 13, 2026. Additionally, the company decided not to proceed with its previously announced fund-raising proposal of up to ₹1,500 crore for the time being, citing market conditions and capital expenditure needs, but assured that project implementation would not be adversely affected.