Star Cement shareholders approve re-appointment of four directors for 3 years
- Shareholders approved re-appointments at the 25th AGM on September 25, 2026
- Tenures extended for three years from April 1, 2027, to March 31, 2030
- Key appointees include Sajjan Bhajanka and Prem Kumar Bhajanka
*this image is generated using AI for illustrative purposes only.
Star Cement Limited shareholders approved the re-appointment of four key directors at the company's 25th Annual General Meeting held on September 25, 2026. The resolutions extend the tenures of the Chairman, Vice Chairman, Managing Director, and Executive Director for a further period of three years.
The approvals cover the leadership team effective from April 1, 2027, through March 31, 2030. This move ensures continuity in the company's strategic direction and operational oversight during the upcoming fiscal cycle.
Director re-appointments
The following individuals were re-appointed to their respective roles:
- Sajjan Bhajanka: Re-appointed as Chairman & Managing Director.
- Prem Kumar Bhajanka: Re-appointed as Vice Chairman & Managing Director.
- Sanjay Agarwal: Re-appointed as Managing Director.
- Pankaj Kejriwal: Re-appointed as Executive Director.
All appointments are subject to the terms and conditions approved by the shareholders during the meeting.
| Name | Role | Tenure Start | Tenure End |
|---|---|---|---|
| Sajjan Bhajanka | Chairman & Managing Director | April 1, 2027 | March 31, 2030 |
| Prem Kumar Bhajanka | Vice Chairman & Managing Director | April 1, 2027 | March 31, 2030 |
| Sanjay Agarwal | Managing Director | April 1, 2027 | March 31, 2030 |
| Pankaj Kejriwal | Executive Director | April 1, 2027 | March 31, 2030 |
The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited by Debabrata Thakurta, Company Secretary, confirming the outcome of the AGM.
Historical Stock Returns for Star Cement
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.34% | -0.91% | -4.23% | -11.19% | -30.90% | +73.03% |
How will the extended leadership tenure influence Star Cement's capital expenditure plans for capacity expansion through 2030?
What impact might the continuity of the Bhajanka family leadership have on the company's M&A strategy in the competitive Indian cement sector?
Will the stable governance structure enable Star Cement to better navigate potential fluctuations in raw material costs and energy prices during the new term?
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