Star Cement Limited , a prominent player in the cement industry, has received a resounding approval from its shareholders for a special resolution to raise funds through the issuance of securities. The approval came through a postal ballot conducted via remote e-voting, which took place from October 19 to November 17, 2025.

Voting Results

The results of the postal ballot reveal strong shareholder support for the company's fund-raising plans:

The special resolution received an overwhelming majority, with 99.89% of the valid votes cast in favor of the proposal. A total of 380 members, representing 332,273,828 equity shares, participated in the voting process.

Breakdown of Voting Pattern

The voting pattern across different categories of shareholders shows widespread support:

Implications and Next Steps

The approval grants Star Cement the authority to proceed with its plans to raise funds through the issuance of securities. This move could potentially strengthen the company's financial position and provide capital for future growth initiatives.

Star Cement's Company Secretary, Debabrata Thakurta, confirmed that the results of the postal ballot, along with the scrutinizer's report, are available on the company's website ( www.starcement.co.in ) and have been placed on the notice boards at the company's Registered Office and Corporate Office.

The successful passage of this resolution marks a significant step for Star Cement, potentially paving the way for expanded operations or strategic investments in the future. Shareholders and market observers will likely be keen to see how the company utilizes this mandate to enhance its market position and create value for stakeholders.

Star Cement Limited , a prominent player in the Northeast Indian cement market, has reported strong financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company has also unveiled plans for strategic expansion, including a new grinding unit in Bihar.

Financial Highlights

Star Cement's performance in Q2 FY26 showed significant improvement across key metrics:

The company's cement sales volume grew to 10.73 lakh tons from 9.62 lakh tons in the same quarter last year, while clinker sales increased to 1.01 lakh tons from 0.15 lakh tons.

Expansion Plans

Star Cement has announced several expansion initiatives:

1. Bihar Grinding Unit: The company plans to set up a 2 million ton grinding unit in Begusarai, Bihar, taking advantage of the state's 300% SGST benefit policy.

2. Silchar Project: The company expects to commission its Silchar project within the next three months.

3. Rajasthan Plant: Star Cement is considering a 4 million ton capacity plant in Rajasthan's Nimbol area.

4. Future Expansion in Assam: The company has acquired land and mining permissions for future expansion in Umrangso, Assam.

Market Performance

Star Cement reported strong performance in its key markets:

• Northeast India: Sales volume reached 7.64 lakh tons, up from 7.49 lakh tons in the same quarter last year.
• Outside Northeast: Sales volume increased to 3.09 lakh tons from 2.13 lakh tons.

The company's product mix comprised approximately 16% OPC (Ordinary Portland Cement) and 84% PPC (Portland Pozzolana Cement).

Other Developments

• Star Cement booked ₹56.00 crores in incentives during the quarter.
• The company expects fuel costs to remain stable at ₹1.25 per kcal for the next five months due to existing coal stock.
• A solar power plant of about 42 MW is being set up in Assam.

Future Outlook

Star Cement's Deputy Managing Director, Mr. Tushar Bhajanka, expressed optimism about the company's growth trajectory. He stated, "The market is growing at about 8%-9%, which is a bit higher than the market outside [Northeast]. We expect significant demand to come from upcoming infrastructure projects, particularly the dam and hydro projects in Arunachal Pradesh."

The company aims to reach a capacity of 18-20 million tons by FY29-FY30, indicating a strong focus on long-term growth and market expansion.

With its robust financial performance and strategic expansion plans, Star Cement appears well-positioned to capitalize on the growing demand in its core markets while exploring new growth opportunities in other regions.