Sri Chakra Cement Ltd announces temporary suspension of manufacturing operations

Sri Chakra Cement Limited has temporarily suspended its manufacturing operations with effect from 27 June 2026.

The temporary suspension has become necessary on account of acute working capital constraints affecting the Company's ability to continue manufacturing activities in the normal course of business. The decision has been taken as a prudent measure to prevent further capital erosion while the Company actively pursues measures to improve its liquidity position.

The Company is presently exerting every effort for mobilising additional working capital, and is exploring other suitable funding and restructuring options, with a view to resuming manufacturing operations at the earliest possible opportunity.

The Company continues to monitor the situation closely and is taking all reasonable steps to safeguard its assets, comply with applicable statutory requirements and preserve stakeholder value during this period.

At present, the exact timeline for recommencement of manufacturing operations cannot be ascertained and will depend upon the successful implementation of the ongoing funding and revival initiatives.

Cessation of production at the unit and consequent loss of manufacturing revenue for the period of suspension. Estimated revenue impact for the assessment horizon: approximately ₹130 Crore per annum (indicative). Fixed overheads, statutory dues and committed obligations continue to accrue. A definitive quantification will depend on the duration of suspension and is currently not ascertainable; the Company shall update this position as developments occur.

Source : Equity Bulls

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SriChakraCement TemporarySuspension ManufacturingOperations