Shree Cement Declares Lockout at Raipur Plant Due to Workmen Non-Cooperation
Shree Cement Limited has declared a lockout at its cement plant located in Baloda Bazar, Raipur, Chhattisgarh, effective from December 18, 2025. This action has been taken due to the non-cooperation o...
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Why is SHREE CEMENT LIMITED in the news today?
SHREE CEMENT LIMITED (SHREECEM) is in the news due to the lockout at the cement plant and the resulting estimated daily production loss negatively impact the company's operations and financial performance.
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Shree Cement Declares Lockout at Raipur Plant Due to Workmen Non-Cooperation
December 19, 2025, 02:41 AM
Shree Cement Limited has declared a lockout at its cement plant located in Baloda Bazar, Raipur, Chhattisgarh, effective from December 18, 2025. This action has been taken due to the non-cooperation of workmen.
The company is currently assessing the full extent of the loss and damage resulting from this lockout. However, it has confirmed that all assets are covered by insurance. Based on current operations, an estimated loss of 10,000 tons of cement production per day is anticipated due to this lockout.
Shree Cement Limited is actively monitoring the situation and will provide further updates on subsequent developments in due course. The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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