Shree Cement Receives GST Demand Order Worth ₹80.79 Lakh from Punjab Tax Authorities

Shree Cement Limited has received a demand order from Punjab tax authorities totaling ₹80.79 lakh, comprising tax demand, interest, and penalty components. The cement manufacturer disclosed this development to stock exchanges in compliance with regulatory requirements.

GST Demand Order Details

The Excise & Taxation Officer, State Tax, Mohali, Ropar, Punjab issued a demand order in Form GST DRC-07 against the company. The order pertains to alleged violations in Input Tax Credit availment.

Component	Amount (₹)
Tax Demand	33,63,748
Interest	43,79,310
Penalty	3,36,374
Total Demand	80,79,432

Nature of Alleged Violation

The tax authorities have alleged wrong availment of Input Tax Credit by the company. This forms the basis for the demand order issued under GST regulations. The company has indicated that it does not agree with the contentions raised by the authorities.

Company's Response and Financial Impact

Shree Cement has stated that the order will have no major financial impact on the company's operations. The management has expressed disagreement with the allegations.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was submitted to both National Stock Exchange of India Limited and BSE Limited as part of the company's ongoing compliance obligations.

Parameter	Details
Authority	Excise & Taxation Officer, State Tax, Mohali
Order Type	Form GST DRC-07

This development represents a tax matter that the company may contest through appropriate legal channels.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.55%	+2.64%	-2.45%	-12.72%	-0.26%	+10.79%

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.

Meeting Parameter:	Details
Meeting Date:	February 6, 2026
Results Period:	Quarter ending December 31, 2025
Extended Period:	Nine months ending December 31, 2025
Result Type:	Unaudited standalone and consolidated

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.

Trading Window Details:	Timeline
Closure Start:	January 1, 2026
Closure End:	February 8, 2026
Duration:	48 hours post-results announcement
Coverage:	Both days inclusive

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.