Star Cement Limited has informed the Exchange about the Revocation of West Bengal Incentive Schemes

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STARCEMENT · price

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Price reactionminutes from the announcement price · days from the prior close

-1.2%Reaction day

₹219.45

prior close

₹216.50

announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%-1.7% vs market

Cement & Cement Products peers, median of 34sector-0.1%-1.1% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.1 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 34Pending

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AI summary

The West Bengal Government enacted a Revocation Act in April 2025 that retrospectively cancelled all subsidies and grants under various state incentive schemes, overriding any prior court or authority orders. Star Cement has disclosed that it is not availing any subsidy or benefit under any West Bengal Government scheme and has no receivables or outstanding dues related to its projects in West Bengal. The Company confirms that this revocation has no financial or operational impact on its business. The disclosure is made under SEBI Listing Regulations for transparency and compliance purposes.

Likely market impact

This is a neutral disclosure for shareholders — the company is clarifying that a major state government policy change does not affect its finances or operations, so no material impact on the stock is expected.