Star Cement sets up Star Cement North East as a subsidiary in Assam

28 May 2021 CW Team

Star Cement has announced the formation of Star Cement North East Ltd as a wholly-owned subsidiary in Assam.

The company has been formed to conduct cement and cement-related business in accordance with the holding company's operations.

Star Cement North East Limited is a wholly-owned subsidiary company with its registered office in Guwahati, Assam.

The company is yet to start operations. The cost of acquisition is Rs 5,00,000/- divided into 50,000 Equity Shares of Rs 10/- each.

Star Cement closed Wednesday's trade at Rs 111.80 per share, up by Rs 0.85 or 0.77% on the Sensex.

Star Cement Limited is one of the largest cement manufacturers in North Eastern India, was founded on November 2, 2001.

Cement Clinker and Cement are manufactured and sold by the company. The company's manufacturing facilities are in Lumshnong, Meghalaya, and Guwahati, Assam.

The company sells its product in India's northeastern and eastern states. The 0.6 mtpa integrated cement plant of Star Cement in Lumshnong (Meghalaya) is close to key raw material reserves of limestone, coal, and shale.

In 2005, the Meghalaya state government recognised Star Cement for its pioneering cement plant in Lumshnong's backward area. The output of the company is marketed through a 400 billion dealer network, giving it the largest market share in north east India. Larsen & Toubro, National Hydro Power Corporation, Public Works Department, Indian Railways and the Ministry of Defense are among the company's institutional customers.

Image Source

Also read: Dalmia Cement to expand eastern India cement capacity by 4.8 mtpa

Also read: UltraTech Cement starts civil works across 12.8 mtpa expansion projects

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..