Star Cement Subsidiary Acquires Jaitaran Renewable Power

Star Cement's subsidiary SCNEL acquired 100% of Jaitaran Renewable Power for ₹20,000 cash consideration.
The acquisition diversifies Star Cement into renewable energy, making JRPPL a step-down subsidiary.
JRPPL is a newly incorporated energy company with nil turnover and minimal paid-up capital.
The share transfer was completed on April 23, 2026, and is not a related party transaction.