Star Cement Launches Second 100 Days Campaign for Unclaimed Dividend Shareholders

1 min read     Updated on 24 Apr 2026, 04:34 PM
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Radhika SScanX News Team
AI Summary

Star Cement Limited has launched the 'Second 100 Days Campaign - Saksham Niveshak' from April 1 to July 9, 2026, following IEPFA directions. The campaign targets shareholders with unclaimed dividends, emphasizing KYC updation to prevent IEPF transfer. The company published regulatory advertisements on April 24, 2026, and provides multiple contact channels for shareholder support.

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Star Cement Limited has launched its 'Second 100 Days Campaign - Saksham Niveshak' targeting shareholders with unclaimed dividends and unpaid shares. The campaign, running from April 1, 2026 to July 9, 2026, represents a proactive measure to help shareholders update their KYC details and claim pending dividends.

Campaign Details and Objectives

The initiative follows directions issued by the Investors Education Protection Fund Authority (IEPFA) on March 27, 2026. The campaign aligns with IEPFA's broader mandate of investor education, awareness, and facilitation, specifically focusing on shareholders whose dividend and shares remain unpaid or unclaimed.

Campaign Parameter: Details
Campaign Name: Second 100 Days Campaign - "Saksham Niveshak"
Duration: April 1, 2026 to July 9, 2026
Target Audience: Shareholders with unclaimed dividends
Primary Focus: KYC updation and compliance measures

Regulatory Compliance and Publication

Star Cement published newspaper advertisements on April 24, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements appeared in:

  • Financial Express (All India Edition - English)
  • U Nongsaïn Hima (Khasi)

The company has also made this information available on its official website at www.starcement.co.in .

Shareholder Action Required

Shareholders are strongly encouraged to update their KYC and nominee details with the company's Registrar and Share Transfer Agent, Maheshwari Datamatics Private Limited. The registrar can be contacted at:

Contact Details: Information
Address: 23 R. N. Mukherjee Road, 5th Floor, Kolkata 700001
Phone: (033) 22482248, 22435029
Email: contact@mdpincorporate.com / compliance@mdpincorporate.com
Website: www.mdp.in

Shareholders can also reach out directly to Star Cement at investors@starcement.co.in for additional support.

Prevention of IEPF Transfer

The campaign emphasizes the importance of timely action to prevent the transfer of shares and dividends to the Investor Education and Protection Fund (IEPF). Shareholders who have not updated their KYC details, bank mandates, or contact details are particularly encouraged to participate in this initiative.

The company's proactive approach demonstrates its commitment to protecting shareholder interests and ensuring compliance with regulatory requirements. By facilitating easy access to claim procedures and providing multiple contact channels, Star Cement aims to maximize shareholder participation in the campaign.

Historical Stock Returns for Star Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%+4.42%+8.39%-9.05%+3.97%+138.55%

What percentage of Star Cement's total shareholders are expected to have unclaimed dividends, and how might this impact the company's cash flow management?

Will other cement companies follow Star Cement's proactive approach, potentially setting a new industry standard for shareholder engagement?

How might the success rate of this campaign influence IEPFA's future regulatory requirements for similar corporate initiatives?

Star Cement Limited Subsidiary Acquires 100% Stake in Jaitaran Renewable Power Private Limited

1 min read     Updated on 24 Apr 2026, 03:33 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Star Cement Limited announced that its subsidiary Star Cement North East Limited (SCNEL) has acquired 100% shareholding of Jaitaran Renewable Power Private Limited (JRPPL) for Rs.20,000 on 23 April 2026. The acquisition, made through cash consideration, transforms JRPPL into a wholly owned subsidiary of SCNEL and a step-down subsidiary of Star Cement Limited. JRPPL, incorporated on 11 March 2026, operates in the Energy & Power sector with authorized share capital of Rs.10.00 Lakhs and paid-up capital of Rs.0.20 Lakhs. The transaction is not a related party transaction and requires no governmental or regulatory approvals.

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Star Cement Limited announced that its subsidiary, Star Cement North East Limited (SCNEL), has completed the acquisition of 100% shareholding in Jaitaran Renewable Power Private Limited (JRPPL). The transaction was executed on 23 April 2026 through cash consideration, with shares transferred on the same date. Following this acquisition, JRPPL has become a wholly owned subsidiary of SCNEL and a step-down subsidiary of Star Cement Limited.

The acquisition aligns with the company's strategic objective to diversify into a new vertical and strengthen its initiatives towards renewable energy. The transaction was conducted at arm's length and does not qualify as a related party transaction, as per the disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of Jaitaran Renewable Power Private Limited

Parameter Details
Corporate Identification Number U35100RJ2026PTC112367
Date of Incorporation 11 March 2026
Registered Office Signature Tower, 3rd Floor, Unit 311 Lal Kothi Tonk Rd, Gandhi Nagar, Jaipur - 302015, Rajasthan
Industry Energy & Power
Authorized Share Capital Rs. 10.00 Lakhs (1,00,000 shares of Rs.10/- each)
Paid-up Share Capital Rs. 0.20 Lakhs
Turnover (2025) Nil

Transaction Overview

The acquisition was completed for a total consideration of Rs.20,000 (Rupees Twenty Thousand only). No governmental or regulatory approvals were required for this transaction. JRPPL is a recently incorporated entity, and therefore, turnover details for the last three years are not applicable. The company's registered office is located in Jaipur, Rajasthan, and it operates in the energy and power sector.

Star Cement Limited has made the requisite disclosures pursuant to SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9 September 2015, SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024, as amended. A copy of the intimation has been made available on the company's website.

Historical Stock Returns for Star Cement

1 Day5 Days1 Month6 Months1 Year5 Years
-1.43%+4.42%+8.39%-9.05%+3.97%+138.55%

What specific renewable energy projects does Star Cement plan to develop through JRPPL, and what is the expected investment timeline?

How will Star Cement's entry into renewable energy impact its overall capital allocation strategy and cement business margins?

Could this acquisition signal the beginning of a larger consolidation trend among cement companies diversifying into green energy?

More News on Star Cement

1 Year Returns:+3.97%