Shree Cement Limited has withdrawn the lockout at its cement manufacturing facility in Baloda Bazar, Raipur, Chhattisgarh, effective December 22, 2025, at 11:00 PM. The company informed stock exchanges on December 23, 2025, about the resolution following an amicable settlement between management and workmen.

Lockout Resolution and Timeline

The lockout, which was initially declared on December 18, 2025, due to non-cooperation of workmen, lasted for four days before being resolved. Management and workmen successfully arrived at an amicable settlement to resolve the standoff, leading to the withdrawal of the lockout.

Production Impact and Recovery

During the lockout period, the company experienced a daily cement production loss of approximately 10,000 tons. The total production loss over the four-day period amounted to around 40,000 tons of cement. Importantly, the company reported no loss or damage to company property during the lockout period from December 18 to December 22, 2025.

Operational Status

With the withdrawal of the lockout, normal operations are expected to resume at the Baloda Bazar cement plant. The successful resolution demonstrates the company's ability to address operational challenges through dialogue and negotiation with its workforce. The facility can now return to its regular production capacity, helping to minimize the overall impact on the company's quarterly output.

The disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations, keeping stakeholders informed about the material developments affecting the company's operations.

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.