Shree Cement: Lockout at Raipur Plant Withdrawn After Amicable Settlement
Shree Cement Limited has announced the withdrawal of the lockout at its cement plant located in Baloda Bazar, Raipur, Chhattisgarh. The lockout, which commenced on December 18, 2025, was lifted effect...
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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SHREE CEMENT LIMITED (SHREECEM) is in the news due to the lockout has been resolved through an amicable settlement and withdrawn, which is a positive development for the company's operations.
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Shree Cement: Lockout at Raipur Plant Withdrawn After Amicable Settlement
December 23, 2025, 07:13 AM
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Shree Cement Limited has announced the withdrawal of the lockout at its cement plant located in Baloda Bazar, Raipur, Chhattisgarh. The lockout, which commenced on December 18, 2025, was lifted effective December 22, 2025, at 11:00 PM, following an amicable settlement reached between the management and the workmen.
This resolution brings an end to the standoff that had led to the declaration of lockout. During the period of the lockout, from December 18, 2025, to December 22, 2025, no loss or damage to the company's property was reported. However, the company experienced a loss of cement production estimated at around 10,000 tons per day.
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