Star Cement Nirmalaya Bhatacharyya as an appointed
Star Cement (BSE: STARCEMENT) said Nirmalaya Bhatacharyya as an has been appointed; and Nirmalya Bhattacharyya has been appointed. The company is valued at about ₹7,143 crore.
What happened
Star Cement (BSE: STARCEMENT) informed the stock exchanges on 6 November 2026 at 02:23 PM that Nirmalaya Bhatacharyya as an has been appointed; and Nirmalya Bhattacharyya has been appointed.
Company snapshot
Star Cement is a small-cap company in the Construction Materials sector, with a market value of about ₹7,143 crore.
The stock last traded at ₹176.7, against a 52-week range of ₹156.2–₹254.9 (30.7% below the high).
Before this filing the shares had moved +0.4% over the month and −13.6% over three months. Average daily turnover over the last 20 sessions was about ₹2.42 crore.
Promoters held 58.10% at the end of Q1 FY27, down 0.02% points from the previous quarter; 1.33% of promoter shares were pledged. Foreign institutions owned 2.29% and domestic institutions 2.38%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 912 | 98.5 | 2.44 |
| Q2 FY26 | 811 | 72 | 1.78 |
| Q3 FY26 | 880 | 74.9 | 1.85 |
| Q4 FY26 | 1,174 | 148.1 | 3.66 |
| Q1 FY27 | 943 | 74.7 | 1.85 |
What history shows
This is not the company's first management change disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 3.4% on average the next trading day and was down 1.6% on average after five days (2 filings with price data).
Across 14 similar disclosures by other Construction Materials companies, shares moved +0.4% on average the next day and −0.2% over five days; 50% of them rose the next day.
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | Change in Director(s) of the company. | −4.6% | — |
| 7 Aug 2026 | Management change | −2.2% | −1.6% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 6 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.