NSEGeneral Updates16 Jul 2026 · 16 Jul 2026, 05:00 pm

General Updates

Star Cement Limited · STARCEMENT

✦ AI SummaryPromoter Reclassif.

Star Cement Limited has received communication letters from BSE and NSE regarding its application for reclassification of promoters to public category under SEBI LODR Regulations. However, the application was rejected as it did not meet the required conditions.

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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment4/10

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Star Cement Limited has informed the Exchange about General Updates

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STARCEMENT_16072026170032_Stock_Exchnage_intimation_of_BSE_Letter_16072026.pdf

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Date: 16th July, 2026 To, To, The Listing Department, The Listing Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers Bandra Kurla complex, Bandra-East Dalal Street Mumbai-400 051 Mumbai-400 001 Symbol: STARCEMENT Scrip Code: 540575 Sub: Disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015 Dear Sir(s)/Madam(s), We wish to inform you that the company has received communication letters dated 16th July, 2026 from the BSE Limited and NSE Limited. The contents of the letters are self-explanatory. A copy of the said communication are enclosed herewith for your information and record. The Company is reviewing the letters for further course of action. This is for your information and record. Thanking you, For Star Cement Limited Debabrata Thakurta Company Secretary (M. No.: F6554) Ref: NSE/LIST/STARCEMENT/573/2026-2027 Date: July 16, 2026 The Company Secretary Star Cement Limited (‘the Listed entity’) Village: Lumshnong, P.O. Khaliehriat, Dist. East Jaintia Hills East Jaintia Hills 793210 Subject: Application for Reclassification of Promoter(s)/Promoter Group(s) to Public Category under Regulation 31A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, (‘SEBI LODR Regulations’) Dear Sir / Madam, This is in reference to your application dated February 11, 2026, seeking no-objection from the National Stock Exchange for reclassification of from the promoter /promoter group (list enclosed below) to public category under Regulation 31A of SEBI LODR Regulations. Sr. No. Name of Outgoing Promoter who is seeking for reclassification 1. Kamakhya Chamaria 2. Laxmi Chamaria 3. Prahlad Rai Chamaria(G S Chamaria and Sons HUF) 4. Hardeo Das Kamakhya Prasad HUF 5. Pushpa Agarwala 6. Amritansh Chamaria 7. Kailash Prasad Chamaria 8. Gouri Shankar Kailash Prasad HUF 9. Gayatri Chamaria 10. Vinay and Company 11. Prahlad Rai Chamaria 12. Ratna Chamaria 13. Sneh Lohia 14. Snigdha Chamaria 15. Sarika Jalan 16. Suchita Agarwal 17. Tanuj Chamaria 18. Mukund Chamaria 19. Rajendra Udyog HUF 20. Saroj Kejriwal 21. Rahul Chamaria 22. Sachin Chamaria 23. Renu Chamaria 24. Rajendra Chamaria 25. Prahlad Rai Chamaria (Prahlad Rai Vinay Kumar HUF) 26. Amit Agarwal 27. Komal Chamaria 28. Rishi Raj Shah 29. Jagdish Prasad Shah In this regard, you may draw your attention to Regulation 31A(3)(a) of SEBI LODR Regulations, 2015 which states that: “31A. Conditions for re-classification of any person as promoter / public (3) Reclassification of status of a promoter including promoter group, shall be subject to the following conditions: (a) Fulfilment of following requirements: (i) the promoter(s) seeking reclassification shall make a request for reclassification to the listed entity along with a rationale for the request and a description as to how the conditions specified in clause (b) of this sub- regulation (3) are satisfied; (ii) the board of directors of the listed entity shall analyze such request which is compliant with the conditions specified in clause (b) of sub-regulation (3) and provide their views in the immediate next board meeting or within two months from the date of receipt of the request from its promoter(s), whichever is earlier;” The application for reclassification submitted by the listed entity was not accompanied by request letters from the above-mentioned promoter(s)/promoter group(s) entities for seeking reclassification, as required under regulation 31A(3)(a) of the SEBI LODR. The application was based on the Board’s independent satisfaction that the conditions specified under Regulation 31A(3)(b) were duly fulfilled. In light of the above, the application of promoters for seeking reclassification cannot be considered under Regulation 31A of the SEBI LODR Regulations. The application for reclassification is disposed off accordingly. Yours faithfully, for National Stock Exchange of India Limited Dhaval Shah Senior Manager – Listing Compliance