Star Cement Subsidiary Commences Commercial Production at New 2.0 MTPA Grinding Unit in Assam

1 min read     Updated on 20 Feb 2026, 11:53 AM
scanx
Reviewed by
Suketu GScanX News Team
Overview

Star Cement North East Limited, a subsidiary of Star Cement Limited, commenced commercial production at its new grinding unit in Cachar, Assam on February 20, 2026. The facility has a production capacity of 2.0 MTPA and represents a significant expansion of the company's manufacturing capabilities in northeastern India.

33114221

*this image is generated using AI for illustrative purposes only.

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:

Parameter: Details
Production Capacity: 2.0 MTPA
Location: Cachar, Assam
Operational Date: February 20, 2026
Operating Company: Star Cement North East Limited

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.

Historical Stock Returns for Star Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-2.06%+0.11%-26.79%-0.96%+120.72%

SBI Mutual Fund Reduces Stake in Star Cement to 2.58% Following Share Sale

1 min read     Updated on 19 Feb 2026, 09:30 AM
scanx
Reviewed by
Jubin VScanX News Team
Overview

SBI Mutual Fund has reduced its shareholding in Star Cement Ltd from 3.59% to 2.58% by selling 40,83,331 shares on February 17, 2026. The transaction, disclosed under SEBI regulations, represents a 1.01% reduction in the mutual fund's stake. Following the sale, SBI Mutual Fund holds 1,04,32,466 shares in the cement company, which has a total equity capital of Rs. 40,41,80,417 comprising shares with Rs. 1 face value each.

33019206

*this image is generated using AI for illustrative purposes only.

Star Cement has received a regulatory disclosure from SBI Mutual Fund regarding a significant reduction in its shareholding. The mutual fund sold 40,83,331 shares on February 17, 2026, reducing its stake from 3.59% to 2.58% of the company's paid-up share capital.

Shareholding Transaction Details

The transaction represents a substantial divestment by SBI Mutual Fund under its various schemes. The fund management company disclosed this information in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter Before Transaction Shares Sold After Transaction
Number of Shares 1,45,15,797 40,83,331 1,04,32,466
Percentage Holding 3.59% 1.01% 2.58%

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI regulations, which mandates reporting when there is a change of 2% or more in shareholding from the previous disclosure. SBI Mutual Fund's previous disclosure was made on September 21, 2018, when it reported a holding of 5.43% in Star Cement.

Company Share Capital Structure

Star Cement's equity share capital remains unchanged at Rs. 40,41,80,417, consisting of 40,41,80,417 equity shares with a face value of Rs. 1 each. The company's shares are listed on both BSE Ltd and National Stock Exchange of India Ltd.

Transaction Method and Timeline

The share sale was executed through market transactions on February 17, 2026. SBI Funds Management Limited, through its Chief Compliance Officer Vinaya Datar, formally communicated this shareholding change to Star Cement's management on February 18, 2026.

The disclosure indicates SBI Mutual Fund's strategic portfolio rebalancing, reducing its exposure in the cement manufacturer while maintaining a significant minority stake of 2.58% in the company.

Historical Stock Returns for Star Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-2.06%+0.11%-26.79%-0.96%+120.72%

More News on Star Cement

1 Year Returns:-0.96%