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Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Star Cement has informed that, Ri Pnar Cement (RPCPL), a wholly owned subsidiary of the Company, have entered into a Share Purchase Agreement today with the shareholders of Nitesh Minerals (NMPL) for purchase of entire equity shares of NMPL. Consequently, upon completion of the aforesaid transaction NMPL will become the wholly owned subsidiary of RPCPL and a step-down subsidiary of the company. Requisite disclosure pursuant to SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 and SEBI Master circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 as amended in relation to the abovementioned matters, are enclosed as Annexure - I. A copy of this intimation is also being made available on the Company’s website at www.starcement.co.in.

The above information is a part of company’s filings submitted to BSE.


Star Cement Share Price

222.50 0.60 (0.27%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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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.

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