Star Cement acquires over 83 lakh equity shares of Meghalaya Power

Star Cement has informed the exchange regarding acquisition of equity shares of Meghalaya Power, a Subsidiary Company.

Star Cement has informed the exchange regarding acquisition of equity shares of Meghalaya Power, a Subsidiary Company. Star Cement has purchased balance 83,94,000 equity shares of Rs 10 each of Meghalaya Power, which entailed the company to increase its stake to 1,71,30,620 equity shares of Rs 10 each (i.e. 100 per cent) and the said Meghalaya Power Limited became a Wholly Owned Subsidiary of the Company.

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