Star Cement Ltd

Star Cement Ltd announced its 25th Annual General Meeting (AGM) will be held on September 25, 2026, via Video Conferencing. The company's Board of Directors, in a meeting on August 7, 2026, approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, the Board approved the re-appointment of key Managing Directors and Executive Directors for a further three-year term, effective April 1, 2027, subject to member approval at the AGM. The book closure for the AGM is scheduled from September 19 to September 25, 2026.

Star Cement Ltd announced the re-appointment of its Managing Directors and Executive Director for a period of three years, effective from April 1, 2027, to March 31, 2030. The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, approved the re-appointments of Mr. Sajjan Bhajanka as Chairman & Managing Director, Mr. Sanjay Agarwal as Managing Director, Mr. Prem Kumar Bhajanka as Vice Chairman & Managing Director, and Mr. Pankaj Kejriwal as Executive Director. These re-appointments are subject to shareholder approval at the upcoming Annual General Meeting. The company also approved the Unaudited Standalone & Consolidated Financial Results for the first quarter ended June 30, 2026. The 25th Annual General Meeting is scheduled for September 25, 2026, with book closure from September 19 to September 25, 2026.

Star Cement Ltd's Board of Directors, in a meeting held on August 7, 2026, approved the un-audited standalone and consolidated financial results for the first quarter ended June 30, 2026. The board also re-appointed Mr. Sajjan Bhajanka as Chairman & Managing Director, Mr. Sanjay Agarwal as Managing Director, Mr. Prem Kumar Bhajanka as Vice Chairman & Managing Director, and Mr. Pankaj Kejriwal as Executive Director for a further period of three years, effective from April 1, 2027, to March 31, 2030, subject to member approval. Additionally, the company announced its 25th Annual General Meeting (AGM) will be held on September 25, 2026, with book closure from September 19 to September 25, 2026.

Star Cement's consolidated revenue rose a modest 3.4% YoY to ₹942.9 Cr but fell 19.7% QoQ from Q4FY26's ₹1,173.6 Cr. Consolidated PAT for the period came in at ₹73.9 Cr (₹74.7 Cr attributable to shareholders), down 24.7% YoY from ₹98.2 Cr and 49.7% QoQ from ₹147.0 Cr; basic EPS fell to ₹1.85 from ₹2.44 a year ago and ₹3.66 last quarter. Neither this quarter nor the year-ago quarter carried exceptional items, so the YoY decline is a clean, unadjusted comparison — no adjusted-vs-reported gap to reconcile. The compression sits squarely on operating margin: OPM fell to roughly 20.6% from 25.0% YoY and 26.4% QoQ, and NPM fell to 7.8% from 10.7% YoY, as power-and-fuel costs rose to ₹152.0 Cr from ₹141.4 Cr a year earlier even as revenue grew only 3.4%. This lines up with what management told the Street on the Q4FY26 call: a temporary ₹250-300 Cr fuel-cost hit across Q1-Q2 FY27 from supply-chain disruptions, only partly offset by price increases, with normalisation expected by Q2. On that specific cost-guidance dimension the quarter met what was flagged. The filing carries no volume disclosure, so the separately guided 10-12% FY27 cement volume growth target can't be checked against this statement. Pre-print brokerage coverage (Business Standard) had flagged sector-wide Q1FY27 margin pressure from roughly ₹250-300/ton cost inflation tied to West Asia-linked fuel costs, with normalisation expected around June/Q2 — directionally consistent with this print, though no company-specific consensus PAT figure could be found to call a precise beat or miss. This quarter's other corporate developments — a rejected promoter-reclassification application (Jul 16) and being named preferred bidder for an Assam mining lease (Jun 24) — have no direct P&L linkage this period. No management press release accompanying the filing was available to quote. The next test is whether OPM recovers toward the 25-26% band seen through FY26 in Q2FY27, per management's own normalisation claim; a continued sub-22% margin would suggest the pressure is more structural than transitory. The August 10, 2026 earnings call should clarify volume growth against the 10-12% FY27 guide and progress on the ₹600-700 Cr FY27 capex plan (Haryana/Bihar grinding units, Rajasthan/Assam clinker).

Star Cement Ltd has announced that its Board of Directors will convene on August 7, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. In line with SEBI regulations and the company's internal code, the trading window for designated persons and their relatives has been closed since July 1, 2026, and will reopen on August 10, 2026, 48 hours after the results are filed. This meeting is a routine procedural step for financial reporting.

Star Cement Ltd announced that it has received communication letters from BSE Limited and NSE Limited regarding its application for reclassification of certain promoters to the public category under Regulation 31A of SEBI (LODR) Regulations, 2015. The exchanges have rejected the application because it was not accompanied by individual request letters from the promoters seeking reclassification, as mandated by Regulation 31A(3)(a). The company's board had independently assessed that the conditions under Regulation 31A(3)(b) were met, but the procedural requirement of promoter requests was missing. Consequently, the application has been disposed of.

Star Cement Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This restriction will be in effect from July 1, 2026, until 48 hours after the company's un-audited financial results for the first quarter ending June 30, 2026, are approved by the Board of Directors and filed with the stock exchanges. The specific date of the board meeting to approve these results will be communicated later. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, aimed at preventing insider trading.

Star Cement Ltd has been declared the 'Preferred Bidder' for a Mining Lease for the Boro Lakhindong (West Block) in the Dima Hasao District of Assam. This lease is for an area of 123 hectares and contains an estimated limestone resource of 207.822 million tonnes. The declaration follows e-auctions conducted by the Government of Assam. This development is significant for the company's raw material security and future production capacity.

Star Cement Ltd. has revised its list of Key Managerial Personnel (KMP) authorized to determine the materiality of events or information and make disclosures to the Stock Exchanges, as required by SEBI regulations. The KMP includes Mr. Tushar Bhajanka (Managing Director & CEO), Mr. Manoj Agarwal (Chief Financial Officer), and Mr. Debabrata Thakurta (Company Secretary). Contact information for each KMP is provided for investor relations and regulatory compliance purposes.

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.