Star Cement Limited's promoters have strengthened their control over the company by increasing their collective shareholding from 57.76% to 58.11% through a series of strategic share transactions conducted between 30.12.2024 and 17.02.2026. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals significant movement in promoter holdings.

Transaction Overview

The promoter group, led by Sajjan Bhajanka, executed both acquisitions and disposals during the reporting period. The transactions involved multiple family members and associated entities, demonstrating active portfolio management within the promoter group.

Key Promoter Movements

Prem Kumar Bhajanka emerged as the most active acquirer during this period, purchasing 20,39,262 shares to increase his holding from 10.20% to 10.71%. His acquisitions were spread across multiple dates, with the largest single purchase of 19,86,700 shares occurring on 17.02.2026.

Notable Disposals and Transfers

Several promoter family members disposed of their holdings during the period, primarily through gift transactions. Sonu Kajaria disposed of 7,00,000 shares on 03.03.2025, which were simultaneously acquired by Sajjan Bhajanka on the same date, indicating an intra-family transfer.

Shareholding Structure

After these transactions, the promoter group's total shareholding stands at 23,48,64,736 shares, representing 58.11% of the company's equity share capital of ₹ 40,41,80,417. The equity share capital remained unchanged throughout the transaction period.

Transaction Methods

The acquisitions and disposals were conducted through both open market transactions and off-market transfers, including gifts between family members. This mixed approach allowed the promoter group to optimize their holdings while maintaining family wealth distribution strategies.

The disclosure demonstrates the promoter group's continued confidence in Star Cement Limited and their commitment to maintaining strong control over the company's strategic direction through increased shareholding.

Star cement Limited has announced that its subsidiary company, Star Cement North East Limited, has successfully commenced commercial production at a new grinding unit on February 20, 2026. The development represents a significant expansion of the company's manufacturing capabilities in the northeastern region of India.

New Facility Details

The newly operational grinding unit is strategically located in Cachar, Assam, and comes with substantial production capacity. Key specifications of the facility include:

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by informing both major stock exchanges about this development. Star Cement Limited communicated the commencement of commercial production to the National Stock Exchange of India Limited and BSE Limited, adhering to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Significance

The commencement of operations at this new grinding unit marks an important milestone for Star Cement's subsidiary operations. The facility's 2.0 MTPA capacity is expected to strengthen the company's presence in the Assam market and enhance its overall production capabilities in the northeastern region.

As per regulatory requirements, detailed information about this development has been made available on the company's official website for stakeholder reference and transparency.