Star Cement Limited has announced that its board of directors will convene on February 06, 2026, to review and approve the company's third quarter financial performance for FY2026. The meeting, scheduled pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will focus on key financial and dividend-related decisions.

Financial Results Review

The board meeting will primarily consider, approve and take on record the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. This quarterly review represents a crucial milestone in the company's financial reporting calendar, providing stakeholders with insights into Star Cement's operational performance during the period.

Potential Dividend Declaration

In addition to the financial results, the board may consider declaring a 2nd interim dividend for the financial year 2025-26. The following details outline the dividend consideration:

Trading Window Restrictions

Star Cement has implemented trading restrictions in compliance with insider trading regulations. The company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons governs these restrictions.

The trading window closure was communicated through the company's letter dated December 24, 2025, ensuring all stakeholders are aware of the restrictions well in advance.

Corporate Compliance

The announcement demonstrates Star Cement's commitment to regulatory compliance and transparent communication with stakeholders. The company has notified both the National Stock Exchange of India Limited and BSE Limited about the upcoming board meeting, maintaining proper disclosure protocols as required under listing regulations.

Star Cement Limited has reported robust performance for the second quarter, showcasing significant growth in sales volume and profitability despite market challenges.

Strong Volume Growth and Financial Performance

Star Cement achieved a remarkable 20% year-over-year volume growth in Q2, with cement and clinker sales reaching 11.73 lakh tons. This growth is particularly noteworthy considering the demand deferment ahead of the GST rate reduction from 28% to 18% for the cement sector.

The company's financial results for the quarter were equally impressive:

Star Cement's EBITDA of INR 194.00 crores for Q2 marks the highest ever quarterly EBITDA in the company's history, reflecting strong operational efficiency and market positioning.

Regional Performance

The company's growth was driven by strong performance across its operating regions:

• North East (NE) sales grew by 2%
• Rest of East (ROE) sales surged by 45%

This balanced growth across regions indicates Star Cement's strengthening market presence and effective regional strategies.

Future Outlook

Star Cement expects strong demand momentum from Q3 onwards, which could further boost its performance in the coming quarters. The company's management expressed optimism about the sector's growth prospects, particularly following the GST rate reduction.

Corporate Actions

In a separate development, Star Cement recently conducted a postal ballot for shareholder approval on raising funds through the issuance of securities. The results showed overwhelming support for the resolution:

• 99.89% of the total votes cast were in favor of the special resolution
• The resolution saw participation from various shareholder categories, including promoters, public institutions, and non-institutional shareholders

This approval provides Star Cement with the flexibility to raise capital for future growth initiatives and expansion plans.

Capacity Expansion Plans

Star Cement has outlined ambitious expansion plans, aiming to increase its cement capacity to approximately 10 MTPA. The company's current capacity stands at 7.67 MTPA, with plans to add 2 MTPA in the coming fiscal year.

This expansion strategy aligns with Star Cement's vision of strengthening its market position and capitalizing on the expected growth in cement demand across its operating regions.

Star Cement's strong Q2 performance, coupled with its expansion plans and recent shareholder approval for fund-raising, positions the company well for sustained growth in the competitive cement sector. Investors and industry observers will be keenly watching the company's execution of its growth strategy in the coming quarters.