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HomeNewsBusinessMarketsStar Cement Pays ₹10.62 Lakhs Damages for EPF Act Violation

Star Cement Pays ₹10.62 Lakhs Damages for EPF Act Violation

Star Cement Pays ₹10.62 Lakhs Damages for EPF Act Violation

September 10, 2025 / 13:59 IST
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Star Cement Limited has announced that it has made payment of ₹10,62,847 in compliance with an order dated August 26, 2025, issued by the Regional Provident Fund Commissioner-II, Shillong. The order pertains to damages levied on the company under Section 14B of the EPF & MP Act.

The company has disclosed the details of the matter as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

Key Details of the Order


 
ParticularsDetails
Name of the AuthorityRegional Provident Fund Commissioner - II, Shillong
Nature and details of the action(s) taken, initiated or order(s) passedDamages Levied on the Company amounting to ₹ 10,62,847 under Section 14B of the EPF & MP Act.
Date of receipt of direction or orderOrder received on 26-08-2025 and payment made on 09-09-2025.
Details of the violation(s)/contravention(s) committed or alleged to be committedRelating to compliance with order pursuant to Section 14B of the EPF & MP Act.
Impact on financial, operation or other activities of the listed entityNIL

 

The company has confirmed that the impact on the financial, operational, or other activities of the listed entity is nil.

 

Alpha Desk
first published: Sep 10, 2025 01:58 pm

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