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Star Cement’s arm acquires 100% shareholding in JRPPL

24 Apr 2026 Evaluate

Star Cement’s subsidiary -- M/s Star Cement North East (SCNEL) has acquired 100% shareholding of M/s Jaitaran Renewable Power (JRPPL) from the shareholders of JRPPL.

Consequently, JRPPL became the wholly owned subsidiary of SCNEL and a step down subsidiary of Star Cement. The objective of acquisition is to diversify the business into a new vertical and strengthening its initiatives towards renewable energy. 

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

Star Cement Share Price

231.60 -3.80 (-1.61%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 12010.50
Ambuja Cement 450.65
ACC 1411.55
Shree Cement 24947.60
Dalmia Bharat 1962.10
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