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Star Cement Ltd. Faces Penalty for EPF Act Non-Compliance

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Star Cement Ltd. Faces Penalty for EPF Act Non-Compliance

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Star Cement Ltd. ( (IN:STARCEMENT) ) has provided an update.

Star Cement Ltd. has been ordered by the Regional Provident Fund Commissioner in Shillong to pay damages amounting to ₹10,62,847 due to non-compliance with Section 14B of the EPF & MP Act. The company has stated that this financial penalty will not have any significant impact on its operations or financial activities.

More about Star Cement Ltd.

Star Cement Ltd. operates in the cement industry, focusing on the production and distribution of cement and related products. The company is a key player in the Indian market, catering to the construction and infrastructure sectors.

Average Trading Volume: 46,683

Technical Sentiment Signal: Buy

Current Market Cap: 114B INR

Learn more about STARCEMENT stock on TipRanks’ Stock Analysis page.

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