Dividend

Date: 06th November, 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 Dear Sir(s)/Madam(s), Sub: Outcome of the Board Meeting held on 06th November, 2026 Ref.: Regulation(s) 30, 33 and 42 of SEBI (LODR) Regulations, 2015 We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. 06th November 2026, inter alia, has approved the followings: 1. Un-audited Standalone & Consolidated Financial Results Further to our letter dated 26th October, 2026 please note that as per recommendation made by the Audit Committee, the Board of Directors of the Company at their duly convened meeting held today i.e., 06th November, 2026 inter alia, has taken on record and approved the Unaudited Standalone and Consolidated financial results of the Company for the second quarter & half year ended 30th September, 2026. A copy of the Unaudited Standalone and Consolidated financial results of the Company for the second quarter & half year ended 30th September, 2026 along with Limited Review Reports as submitted by the Company’s Statutory Auditors are enclosed for your information and records. 2. Interim Dividend: (a) In terms of Regulation 30 of SEBI (LODR) Regulations, 2015, this is to inform you that the Board of Directors at the said meeting inter alia declared an Interim Dividend @ 100% (i.e., Re. 1 per equity share of face value of Re. 1 each) for the Financial Year 2026- 27. The Interim Dividend shall be paid to the eligible shareholders within 30 days from the date of declaration of the Interim Dividend. (b) In terms of Regulation 42 of SEBI (LODR) Regulations, 2015, the Board of Directors at the said meeting fixed Friday, 13th November, 2026 as the ‘Record Date’ for determining the list of eligible shareholders for the Interim Dividend. 3. Re-appointment of Mr. Nirmalya Bhattacharyya (DIN: 09037566) Pursuant to the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 as amended, we hereby inform you that as per recommendation made by the Nomination and Remuneration Committee, the Board of Directors at its meeting held today i.e., 06th November, 2026 subject to the approval of the members of the Company and other applicable approvals, if necessary, has re-appointed Mr. Nirmalya Bhattacharyya (DIN: 09037566), Independent Director for a further period of 2 (two) years effective from 1st February, 2027 upto 31st January, 2029. We confirm that Mr. Nirmalya Bhattacharyya is not related to any Directors of the Company and is not debarred from holding the office of Director pursuant to order of any Regulatory Authority. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as amended is enclosed as Annexure-A. (4) Appointment of Internal Auditors Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendation of the Audit Committee, the Board of Directors in its meeting held today, has approved the appointment of an in-house team of employees of the Company, headed by Mr. Gaurav Satnaliwala, Chartered Accountant, as the Internal Auditors of the Company for the FY 2026-27. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended are enclosed as Annexure-B. (5) In continuation of our earlier intimation dated 18th November, 2025 regarding the approval obtained from the shareholders of the Company, through postal ballot by way of remote e- voting on 17th November, 2025 for raising of funds by further issue of securities for an aggregate amount not exceeding Rs. 1,500 crore, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., 6th November, 2026, after, inter alia, considering the prevailing geopolitical situation, the conditions in the capital markets and the capital expenditure requirements of the Company, has decided not to proceed with the aforesaid fund- raising proposal for the time being. Accordingly, the Company will not be proceeding with the proposed fund-raising at this stage. However, such deferment would not adversely affect the implementation of the Company's projects currently in the pipeline, as the requisite funding would be arranged through internal accruals and/or bank borrowings, as may be required. The meeting of the Board of Directors commenced at 12:30 p.m. and concluded at 02:00 p.m. The aforesaid information is being uploaded on the Company’s website at www.starcement.co.in Thanking you, For Star Cement Limited Debabrata Thakurta Company Secretary (M. No.: F6554) Encl. as stated. Annexure-A Brief details, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 as amended with respect to the re-appointment of Independent Director. Sl. Particulars Disclosure 1. Reason for change (appointment, There is only re-appointment of Independent re-appointment, resignation, Director whose present term will expire on 31st removal, death or otherwise) January, 2027. 2. Date and term of appointment Mr. Nirmalya Bhattacharyya will act as an w.r.t. change in designation Independent Director w.e.f 1st February, 2027 till 31st January, 2029 subject to approval of the shareholders. 3. Brief Profile (in case of appointment) Not applicable 4. Disclosure of relationships Mr. Nirmalya Bhattacharyya is not related to any between directors (in case of Directors of the Company appointment of a director) You are kindly requested to take the same on your record. Thanking you, For Star Cement Limited Debabrata Thakurta (Company Secretary) (M. No.: F6554) Annexure-B Brief details, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 as amended as amended, with respect to the appointment of Internal Auditor of the Company Sl. Particulars Internal Auditors 1. Reason for change viz. Appointment of an in-house team of appointment, reappointment, employees of the Company, headed by Mr. resignation, removal, death or Gaurav Satnaliwala, Chartered Accountant, otherwise as the Internal Auditors of the Company for the FY 2026-27. 2. Date of appointment / re- 06th November, 2026 (The appointment is for appointment / cessation (as FY 2026-27). applicable) 3. Brief Profile Mr. Gaurav Satnaliwala, aged about 35 years, is an qualified Chartered Accountant with approximately 13 years of professional experience & knowledge in the fields of Finance, Accounts, Projects, Taxes, Statutory Audits and Internal Audits etc,. You are kindly requested to take the same on your record. Thanking you, For Star Cement Limited Debabrata Thakurta (Company Secretary) (M. No.: F6554) Encl. as stated Sinelig Choi. 16S1a,rB aotseR oad Kolkat0a2(-6I700,n dia) T+ 91(0)&XXJ/0331-/0224 19 CharterAecdc ountants Ek olkata@singhico.com www. singhi.ccoom IndepeAnuddeintto r's Roentv hiUeen wa uRdeSipttoaertnd d alone FoifnS atnaCcrei maeln t Results Limiftoterhdq e u aratnehdra y lefae rn dSeedp te3m0b2.e0 r2p 6u rstuoaR netg ul3a3ot fSi Eo(BnLI i sting ObligaantDdii osncslR oesquurier eRmeegtnuitlosa2n)0s 1(.5aa sm ended) ThBeo aorfDd i rectors, StCaerm eLnitm ited 1.Weh avree vitehwaeec dc ompsatnaytienomgfue nnatu dsittaenddf ailnoanrneec siouaflMl t/ ssS .t ar Cement (L'itCmhoiemt peafdn otyrh'q e)u a [Showing first 8,000 characters — download PDF for full document]