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CARE Ratings Limited has reaffirmed the credit ratings for Shree Cement's facilities. Total rated instruments amount to ₹7,295.42 Crore.
Shree Cement submitted a security cover certificate for its NCDs. The principal outstanding is ₹700 Crore with a market value cover of 7.31 times.
Shree Cement's appeal was dismissed by SGST Patna. This reinstates a tax demand, interest, and penalty totaling ₹41.11 Crore.
Shree Cement advanced Mr. Gaurav Jain's appointment as Head - Corporate Affairs to June 1, 2026. The revised terms remove the prior requirement for shareholder approval.
Shree Cement Limited submitted its Annual Secretarial Compliance Report for FY 2025-26. The report confirms full compliance with SEBI regulations and listing requirements.
Shree Cement received a ₹153.47 Crore income tax demand for FY 2022-23. The company plans remedial legal action and expects no material financial impact.
CARE ESG Ratings Limited upgraded Shree Cement's ESG score to 73.8 from 70.8. The upgrade reflects strengthened sustainability practices and improved corporate governance oversight.