The Exchange had sought clarification from Star Cement Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Segment details not submitted The response of the Company is enclosed.
STARCEMENT · price
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NSE sought clarification from Star Cement regarding the absence of segment-wise details in its Q4 FY25 (quarter ended 31 March 2025) financial results filed under Regulation 33 of SEBI's Listing Regulations. The company responded that segment reporting under Ind AS 108 was discontinued from Q1 FY24 (quarter ended 30 June 2023) because it operates primarily in a single business — cement and cement-related products — and no longer meets the thresholds for separate segment reporting. The company noted this is the third instance of addressing a similar query, with prior replies sent on 4 September 2024 and 4 March 2025.
This is a routine compliance clarification, not a punitive or adverse action. It is unlikely to have any material impact on the stock price or shareholders, as the company has provided a standard accounting justification for omitting segment reporting.