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Star Cement informs about acquisition

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Star Cement has informed that, Ri Pnar Cement (RPCPL), a wholly owned subsidiary of the Company, have entered into a Share Purchase Agreement today with the shareholders of Nitesh Minerals (NMPL) for purchase of entire equity shares of NMPL. Consequently, upon completion of the aforesaid transaction NMPL will become the wholly owned subsidiary of RPCPL and a step-down subsidiary of the company. Requisite disclosure pursuant to SEBI LODR read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 and SEBI Master circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 as amended in relation to the abovementioned matters, are enclosed as Annexure - I. A copy of this intimation is also being made available on the Company’s website at www.starcement.co.in.

The above information is a part of company’s filings submitted to BSE.