Star Cement Ltd

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.

Star Cement Ltd's Board of Directors approved the audited standalone and consolidated financial results for FY 2025-26. The board also approved changes in management designations, including Mr. Prem Kumar Bhajanka's transition to Vice Chairman & Managing Director and Mr. Tushar Bhajanka's appointment as Managing Director & CEO. Additionally, the re-appointment of cost auditors and approval of a postal ballot notice for shareholder approval on Mr. Tushar Bhajanka's re-appointment were also approved.

Star Cement Ltd's board meeting on May 22, 2026, approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The board also approved the change in designation of Mr. Prem Kumar Bhajanka to Vice Chairman & Managing Director and re-appointed Mr. Tushar Bhajanka as Managing Director & CEO for a further period of 3 years. Additionally, the board approved conducting a postal ballot for the re-appointment of Mr. Tushar Bhajanka and re-appointed M/s B. G. Chowdhury & Co. as Cost Auditors for FY 2026-27.

Star Cement Ltd has scheduled a Board of Directors meeting on May 22, 2026, to consider and approve the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The trading window has been closed from April 1, 2026, and will reopen on May 25, 2026, following the announcement of the results.

Star Cement North East Limited (SCNEL), a subsidiary of Star Cement Ltd, has acquired 100% shareholding of Jaitaran Renewable Power Private Limited (JRPPL) for a cash consideration of ₹20,000. Consequently, JRPPL has become a wholly-owned subsidiary of SCNEL and a step-down subsidiary of Star Cement Limited. JRPPL, incorporated on March 11, 2026, operates in the Energy & Power industry. The acquisition aims to diversify Star Cement's business into a new vertical and strengthen its initiatives towards renewable energy. The transaction is not a related party transaction. JRPPL has an authorized share capital of ₹10.00 Lakhs and a paid-up capital of ₹0.20 Lakhs, with nil turnover for 2025.

Ri Pnar Cement Private Limited (RPCPL), a wholly-owned subsidiary of Star Cement Limited, has entered into a Share Purchase Agreement to acquire 100% of the equity shares of Nitesh Minerals Private Limited (NMPL) for a cash consideration of ₹17.19 Crores. Upon completion, NMPL, which operates in the Mines & Minerals industry and holds a mining lease, will become a wholly-owned subsidiary of RPCPL and a step-down subsidiary of Star Cement Limited. The acquisition aims to ensure an uninterrupted supply of limestone for Star Cement's cement business and to leverage logistic benefits. NMPL reported a turnover of ₹157.22 Lakhs in 2025.

Star Cement Ltd has been voluntarily assigned an ESG rating of 65 by NSE Sustainability Ratings & Analytics Limited, a SEBI registered ESG Rating Provider. This rating is based on publicly disclosed information for the financial year ended 2025 and reflects the company's performance on Environmental, Social and Governance parameters. The rating was assigned independently by the agency based on data available in the public domain. The company did not engage NSE Sustainability Ratings & Analytics Limited for this purpose.

Star Cement Ltd. has submitted an application to the National Stock Exchange of India Limited and BSE Limited for seeking no-objection for reclassification of Chamaria Group from 'Promoter/Promoter Group' category to 'Public Category'. The application was submitted on February 10, 2026. The Chamaria Group includes Kamakhyia Chamaria, Laxmi Chamaria, Prahlad Rai Chamaria (G.S. Chamaria & Sons HUF), Hardeo Das Kamakhyia Prasad HUF, Amritansh Chamaria, Kailash Prasad Chamaria, Gouri Shankar Kailash Prasad HUF, Gayatri Chamaria, Vinay and Company, Prahlad Rai Chamaria, Ratna Chamaria, Sneh Lohia, Snigdha Chamaria, Suchita Agarwal, Sari Ka Jalan, Tanuj Chamaria, Mukund Chamaria, Rajendra Udyog HUF, Saroj Kejriwal, Rajendra Chamaria, Amit Agarwal, Komal Chamaria, Rish! Raj Shah, Jagdish Prasad Shah, with a total of 24,460,037 shares as of December 31, 2025. The Board of Directors also approved the Unaudited Standalone & Consolidated Financial Results for the third quarter and nine months ended 31st December, 2025, and declared a 2nd Interim Dividend of 100% (i.e., Re. 1 per equity share of face value of Re. 1 each) for the Financial Year 2025-26.

Star Cement Ltd has announced the closure of the trading window for all Directors, Officers, Designated Persons, and their immediate relatives. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's 'Code of Conduct to regulate, monitor and report trading by Designated Persons'. The trading window will remain closed from 1st April, 2026 till 48 hours after the Audited Financial Results for the 4th quarter and year ending 31st March, 2026 are approved by the Board of Directors and filed with the Stock Exchanges. The date of the Board meeting to approve the Audited Financial Results will be informed in due course.