Star Cement Latest Updates

Financial Results and Board Meetings Q4 FY26 Results Timing: The Board of Directors is expected to meet in May 2026 to approve the audited financial results for the quarter and the full year ending March 31, 2026. This meeting will also include a recommendation for a final dividend for the financial year. Interim Dividend: The company recently processed an interim dividend of ₹1 per share, with the record date having passed in February 2026. Capacity Expansion and Production New Grinding Unit: On February 20, 2026, Star Cement North East Limited (a subsidiary) officially commenced commercial production at its new 2.0 MTPA (million tonnes per annum) grinding unit in Cachar, Assam. Capacity Milestone: This expansion has increased the company's total production capacity to 9.7 MTPA, up from the previous 7.7 MTPA. Strategic Shift: Management has prioritized a new 2 MTPA grinding unit in Bihar (Begusarai) over the previously planned Jorhat project. Land acquisition for the Bihar unit is underway, with a target commissioning date in the first half of FY28. Rajasthan Project: The company is moving forward with its greenfield project in Nimbol, Rajasthan, which includes a 3 MTPA clinker unit and a grinding unit to expand its footprint beyond the Northeast. Regulatory and Compliance Matters Coal Documentation Inquiry: A Meghalaya High Court-constituted committee has recently recommended a strict verification of transport documentation for coal used by Star Cement. The committee is scrutinizing records for over 8,000 truckloads of coal transported between January 2025 and February 2026 to ensure compliance with the 2024 Standard Operating Procedure (SOP). ESG Ratings: In late March and April 2026, the company received updated ESG (Environmental, Social, and Governance) scores. Notably, it received a rating of 65 from NSE Sustainability Ratings and a 70 from CFC Finlease, reflecting its current sustainability standing.