Sri Chakra Cement Limited has closed its trading window effective October 1, 2026. The restriction remains in place until 48 hours after the declaration of the company's quarterly un-audited financial results for the quarter ended September 30, 2026.

This action is taken pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Insider Trading Policy. The policy governs the monitoring and reporting of trading activities by designated persons and their immediate relatives to prevent the misuse of unpublished price-sensitive information.

Board meeting schedule

The company stated that the specific date for the Board Meeting to consider the quarterly un-audited financial results for Q2FY27 will be intimated in due course. Until the results are declared and the mandatory cooling period of 48 hours has elapsed, designated persons are prohibited from dealing in the shares of the company.

Compliance framework

The closure ensures adherence to regulatory standards regarding insider trading. By restricting trading during this sensitive period, Sri Chakra Cement aims to maintain market integrity and protect investor interests while awaiting the release of its performance data for the second quarter of fiscal year 2027.

Sri Chakra Cement Limited has accepted the resignation of Sriram Kapilavai as Whole-time Director, effective August 25, 2026. The departure marks a leadership change amid the company's ongoing operational pause.

Kapilavai, who previously served as Director Technical, tendered his resignation citing the current non-operational status of the plant. In his resignation letter, he stated that he could no longer contribute meaningfully to the company's core technical objectives under these conditions.

Leadership Transition

The Board of Directors will formally record the resignation at its ensuing meeting. Kapilavai confirmed that there are no other material reasons for his departure beyond those disclosed in his letter.

He also noted his intention to focus on personal growth and explore new career avenues. During his tenure, he served in a technical leadership capacity while the plant was actively operating.

Other Directorships

Kapilavai holds other board positions outside Sri Chakra Cement Limited. He serves as Joint Managing Director in Aditya Spinners Limited, where he is also a member of the Share Transfer Committee. Additionally, he is a Director in Envean Enterprises Private Limited.