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Saurashtra Cement received a GST show cause notice under Section 74(5) for non-payment of GST on royalty and other charges for FY 2022-23. The total demand is Rs. 1,91,48,238, which the company disputes and will contest.
Saurashtra Cements Ltd reported revenue from operations of ₹376.7 Cr (-2.3% YoY) and a net loss of ₹8.7 Cr for Q2 FY27.
Saurashtra Cement Ltd will hold a board meeting on 4th November 2026 to consider and approve its unaudited financial results for the quarter ended September 2026.
The company filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI Regulation 31.
Saurashtra Cement Ltd appointed Mr. Anurag Tiwari as Managing Director-Designate, effective 16th October 2026. This appointment is classified under Senior Management Personnel.
Saurashtra Cement received a GST show cause notice from the Deputy Commissioner of State Tax demanding ₹3.83 Crore, which the company intends to contest.
ICRA Limited has reaffirmed the credit rating of [ICRA] BBB- (Stable) for bank facilities of Saurashtra Cement Limited aggregating to ₹404 Crore.
Saurashtra Cement signed a Power Consumption Agreement and Share Purchase Agreement with Jamnagar Renewables Two Private Limited, acquiring an 8.86% stake for Rs 14.92 Crore.
Saurashtra Cement entered a Power Consumption and Shareholders' Agreement with Jamnagar Renewables Two for sourcing 14 MW of wind-solar hybrid power under a group captive arrangement.
Saurashtra Cement Limited signed a Power Consumption Agreement and a Share Purchase Agreement for a 14 MW Wind-Solar Hybrid project. The company will invest Rs. 14.92 Crore.
Saurashtra Cement received a GST show cause notice from the Maharashtra State Tax Department for Rs. 2.07 Crore regarding excess Input Tax Credit.
Promoter Mr. Jay Mahendra Mehta disclosed an internal reorganization involving the transfer of voting rights in Saurashtra Cement Limited to the Mehta Family Trust.
Mehta Family Trust acquired an indirect 14.57% stake in Saurashtra Cement Ltd via an internal reorganization of Galaxy Technologies Private Ltd shares. Control remains unchanged.
Saurashtra Cement Ltd held its 68th Annual General Meeting on September 23, 2026. The meeting covered the adoption of financial statements and various director re-appointments.
Saurashtra Cement revised the effective date of Mrs. Jayashree D. Soni's CS/KMP appointment to 1 October 2026. The change follows her earlier notification of a later joining date.
Saurashtra Cement Limited has released its Annual Report for FY 2025-26. The 68th Annual General Meeting is scheduled for September 23, 2026, via video conference.
Saurashtra Cement received a tax show cause notice for Rs. 29.48 Crore from the Gujarat State Tax department. The company is contesting the demand.
Saurashtra Cement re-appointed Mr. M. S. Gilotra as Managing Director for a one-year term, effective January 1, 2027, subject to shareholder approval.
Saurashtra Cement announced the resignation of CEO (Paints Division) Surender Bhatia, effective August 14, 2026. Ms. Sonali Sanas has been appointed as his successor, effective August 16, 2026.
Saurashtra Cements Ltd reported revenue from operations of ₹456.7 Cr (+7.8% YoY) and net profit of ₹9.1 Cr (-46.2% YoY) for Q1 FY27.
Saurashtra Cement will hold a board meeting on August 6, 2026. The board plans to approve unaudited financial results for the quarter ended June 30, 2026.
Saurashtra Cement announced a 24-day planned annual maintenance shutdown of the kiln at its Ranavav plant starting July 21, 2026. Cement dispatches continue normally.
Saurashtra Cement received SEBI approval granting the Mehta Family Trust exemption from open-offer obligations. This facilitates an internal family reorganization without changing company control.
Saurashtra Cement received a partially favorable appellate order from the Income Tax authorities. The company plans to file a second appeal before the ITAT, Rajkot.
Mr. Surender Bhatia has resigned as CEO of the Paints Division effective August 14, 2026. The departure marks a transition in the company's divisional leadership.
Saurashtra Cement confirmed its non-applicability as a 'Large Corporate' under SEBI debt framework. The company reported outstanding borrowings of ₹42.36 Crore as of March 2026.
Saurashtra Cement Limited's board approved appointing M. Goyal & Co as Cost Auditors and Pipalia Singhal & Associates as Internal Auditors. Both appointments are for one year.
Saurashtra Cements Ltd reported revenue from operations of ₹446.6 Cr (+1.9% YoY) and net profit of ₹18.8 Cr (-42.9% YoY) for Q4 FY26.
Saurashtra Cement Ltd reported audited financial results for the year ended March 31, 2026. The Board also approved appointing Goyal & Co. as cost auditors.
Saurashtra Cement Limited received an Appeal Order from the Income Tax Department for AY 2017-18. The order allows the company's claim for deduction under Section 80IA, though it also includes an enhancement of income. The company has already filed an appeal against the enhancement. There is no material financial impact from this order.