Keerthi Industries temporarily closed its clinker production facility from June 12, 2026, due to unfavorable market conditions prevailing in the cement industry. The closure impacts the manufacturing unit located in Mellacheruvu Village & Mandal, Suryapet District, Telangana. The company disclosed this development in a regulatory filing submitted to the BSE Limited.

The decision to halt production was attributed to current market dynamics affecting the sector. Keerthi Industries stated that the shutdown is temporary and assured stakeholders that it will formally intimate the exchanges once clinker production resumes and normal operations are restored. The filing was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure was signed by Seshagiri Rao Jasti, Managing Director of Keerthi Industries Limited. The company, formerly known as Suvorna Cements Limited, is headquartered in Hyderabad, Telangana. No specific timeline for the resumption of operations was provided in the communication.

Key Details

Keerthi Industries Limited has re-appointed M/s. Vasireddy and Associates as its cost auditor for the financial year 2026-27. The Board of Directors approved the re-appointment at its meeting held on May 27, 2026, following the recommendation of the Audit Committee. The firm is not a related party to the company.

The appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and the updated Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

M/s. Vasireddy and Associates is a practicing cost accountants firm operating as a sole proprietorship. The firm is represented by Mr. V. Arunodaya Babu, who possesses over three decades of experience in maintaining cost records and conducting cost audits across various industries, including cement, sugar, alcohol, power, ferro alloy, oils, and minerals.

Cost Auditor Details