Star Cement gets Rs 158 cr as subsidy

Update: 2010-09-15 00:00 GMT

NEW DELHI, Dec 28 - Cement maker Star Cement on Wednesday said it has received Rs 158.82 crore towards capital investment subsidy claim from the government.

The company will use these funds to repay loans, it said. Star Cement along with its subsidiary, Star Cement Meghalaya has received Rs 158.82 crore �towards capital investment subsidy claim from Central Government and this amount will be utilised towards repayment of loans,� the company said in a regulatory filing. � PTI

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