SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Star Cement’s arm inks pact to acquire 100% stake in NMPL

18 Apr 2026 Evaluate

Star Cement’s wholly owned subsidiary -- M/s Ri Pnar Cement (RPCPL) has entered into a share purchase agreement with the shareholders of M/s Nitesh Minerals (NMPL) for purchase of entire equity shares of NMPL. The cost of the said acquisition is Rs 17.19 crore.

Through this acquisition, the RPCPL aims to ensure uninterrupted supply of limestone for use in cement business as the NMPL has a mining lease. Besides, the acquisition will provide logistic benefits. Upon the aforesaid acquisition of shares, NMPL will become the subsidiary of RPCPL and a step-down subsidiary of the company.

Star Cement is engaged in the manufacturing and selling of Cement Clinker & Cement.

Star Cement Share Price

214.95 0.25 (0.12%)
18-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11434.05
Ambuja Cement 430.00
ACC 1361.80
Shree Cement 25402.35
Dalmia Bharat 1725.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: