Shree Cement Limited has formally notified stock exchanges about an upcoming Board meeting scheduled to approve its quarterly financial results for the third quarter of fiscal year 2026. The cement manufacturer announced this development on December 22, 2025, addressing both the National Stock Exchange of India Limited and BSE Limited.

Board Meeting Details

The company's Board of Directors will convene on Friday, February 6, 2026, to deliberate and approve several key financial documents. The meeting agenda includes consideration of unaudited standalone and consolidated financial results covering two specific periods.

Trading Window Restrictions

In accordance with SEBI regulations and the company's internal code of conduct, Shree Cement has implemented a trading window closure for all designated persons and their immediate relatives. This measure aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's established protocols for monitoring securities trading.

Regulatory Compliance

The announcement was made pursuant to Regulations 29(1) and 50(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary S.S. Khandelwal signed the notification, which was digitally authenticated on December 22, 2025, at 17:00:09 IST.

Corporate Structure

Shree Cement Limited operates from multiple locations across India, maintaining its corporate office at DLF Epitome in Gurugram, Haryana. The company's registered office is located in Bangur Nagar, Beawar, Rajasthan, while its group corporate office operates from Strand Road, Kolkata, West Bengal. The company is incorporated under CIN: L26943RJ1979PLC001935 and trades under the scrip codes SHREECEM on NSE and 500387 on BSE.

Shree Cement Limited has received a significant GST demand order from tax authorities in Karnataka, marking a regulatory development that the company has disclosed to stock exchanges.

GST Demand Order Details

The Joint Commissioner, Central Tax Central Excise, Belagavi, Karnataka, has issued a demand order against Shree Cement Limited with substantial financial implications:

Nature of Alleged Violation

The demand order pertains to the alleged availment of ineligible input tax credit by the company. Input tax credit allows businesses to reduce their tax liability by claiming credit for taxes paid on inputs, but the authorities have contested the eligibility of certain credits claimed by Shree Cement.

Company's Response and Financial Impact

Shree Cement has indicated that the order will have no major financial impact on the company's operations. The management has stated that they do not agree with the contentions raised in the demand order, suggesting they will contest the allegations.

Legal Recourse

The company plans to appeal against the demand order. They intend to challenge the order through the appropriate legal channels under Section 107 of the Karnataka GST Act.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework requires listed companies to promptly inform stock exchanges about material developments that could impact their operations or financial position.

Shree Cement has formally communicated this development to both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with listing obligations and maintaining transparency with stakeholders.