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Star Cement Limited — Capital/Financing Update 2021
Mar 25, 2021
61402_rns_2021-03-25_0b04c2ab-2c34-410c-b545-d20d1177e267.pdf
Capital/Financing Update
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25th March, 2021
The Listing Department, National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G Bandra Kurla Complex, Bandra-East Mumbai-400 051 Stock code: STARCEMENT
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400 001 Stock code: 540575
Dear Sir(s),
Sub : Acquisition of Equity Shares in Meghalaya Power Limited, a Subsidiary Company
This is with reference to our letter dated 11[th] November, 2020 regarding acquisition of Equity Shares of M/s. Meghalaya Power Limited a Subsidiary Company.
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform you that M/s. Star Cement Limited (“the Company”) have purchased balance 83,94,000 Equity Shares of Rs.10/- each of Meghalaya Power Limited which entailed the Company to increase its stake to 1,71,30,620 Equity Shares of Rs.10/- each (i.e., 100%) and the said Meghalaya Power Limited became a Wholly Owned Subsidiary of the Company.
This is for your information and record.
Thanking you,
Yours faithfully, For Star Cement Limited
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X D e b a b ra ta Th a ku rta C o mp a n y S e cre ta ry S ig n e d b y : TH A KU R TA D E BA BR A TA Debabrata Thakurta (Company Secretary)
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