Shree Cement has officially commissioned a new clinkerisation section at its Kodla facility on February 24, 2026, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The commissioning marks a significant milestone in the company's capacity expansion strategy at its integrated cement plant in Village Kodla, Kalaburagi District of Karnataka.

Official Commissioning Details

The company formally announced the commissioning through a regulatory filing to both NSE and BSE. The disclosure was signed by Company Secretary S.S. Khandelwal and submitted to the stock exchanges on the same day as the commissioning.

Enhanced Manufacturing Capabilities

With the commissioning of this new clinkerisation section, Shree Cement has successfully increased its total clinker capacity at the Kodla facility to 7.15 MTPA. The new section is part of the company's integrated cement plant being established at the Kodla location. This expansion demonstrates the company's focus on scaling up its manufacturing operations and meeting growing market demand in the cement sector.

Regulatory Compliance and Strategic Impact

The commissioning was disclosed in compliance with SEBI regulations, highlighting the company's commitment to transparency and regulatory adherence. The 3.65 MTPA addition represents a substantial enhancement to Shree Cement's manufacturing portfolio. This development positions the company to better serve market requirements and supports its growth trajectory in the cement manufacturing sector, particularly in the Karnataka region where the Kodla facility is strategically located.

Shree Cement Limited has issued a postal ballot notice to shareholders seeking approval for the re-appointment of Mr. Hari Mohan Bangur as Whole Time Director and Chairman for the next five years. The company filed the notice with stock exchanges on February 18, 2026, outlining the voting process and key timeline for shareholder participation.

Re-appointment Details

The postal ballot seeks consent for Mr. Hari Mohan Bangur's (DIN: 00244329) re-appointment as Whole Time Director, designated as Chairman, for a period of 5 years commencing from April 1, 2026. His current tenure expires on March 31, 2026. The Board of Directors approved this re-appointment on February 6, 2026, based on the recommendation of the Nomination Cum Remuneration Committee.

Voting Timeline and Process

The company has established a comprehensive timeline for the postal ballot process. The cut-off date for determining eligible voters is Friday, February 13, 2026. Only members whose names appear in the Register of Members or list of Beneficial Owners on this date will be eligible to vote.

Remuneration Structure

The proposed remuneration package for Mr. Bangur includes multiple components with structured increases over the five-year term. The basic salary is set at Rs. 2,63,60,000 per month for the first two years, increasing to Rs. 2,75,00,000 per month for the remaining three years.

Annual Remuneration Breakdown:

Additional perquisites include medical reimbursement, leave travel concession, club fees, conveyance facilities, communication expenses, insurance coverage, and provident fund contributions as per company rules.

Regulatory Compliance

The re-appointment requires special resolution approval due to Mr. Bangur's age of 73 years, as mandated under Section 196(3) of the Companies Act, 2013. The company has received necessary declarations confirming his eligibility and non-disqualification for the position.

E-voting Process

Shareholders can participate through remote e-voting only, with no physical postal ballot forms being distributed. The company has engaged MUFG Intime India Private Limited as the e-voting agency. Multiple login methods are available for different categories of shareholders, including those holding shares in NSDL, CDSL, and physical form.

Mr. Akshit Kumar Jangid and Ms. Krati Upadhyay have been appointed as Scrutinizers to ensure fair and transparent conduct of the postal ballot process. Results will be declared within two working days of the e-voting conclusion and communicated through stock exchanges and the company website.