Star Cement Limited has informed the Exchange about General Updates
STARCEMENT · price
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Awaiting price reaction for this filing.
Star Cement has received an order dated 26 August 2025 from the Regional Provident Fund Commissioner – II, Shillong, levying damages of ₹10,62,847 (about ₹10.63 lakhs) under Section 14B of the EPF & MP Act, related to provident fund compliance. The order was received on the same day it was issued. The company has stated that the financial, operational, or other impact on its business is NIL.
The penalty amount is very small (around ₹10.6 lakhs) relative to a listed cement company's financials, and management has confirmed no material impact. This is unlikely to affect the stock price or shareholder value meaningfully.