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Shree Cement Declares Lockout at Chhattisgarh Plant, Sees Hit to Output

Story Highlights
  • Shree Cement has imposed a lockout at its Baloda Bazar, Chhattisgarh cement plant due to non-cooperation from workmen.
  • The company expects a production loss of about 10,000 tonnes per day and is still assessing the overall financial impact.
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Shree Cement Declares Lockout at Chhattisgarh Plant, Sees Hit to Output

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The latest update is out from Shree Cement Limited ( (IN:SHREECEM) ).

Shree Cement Limited has declared a lockout at its cement plant in Baloda Bazar, Raipur, Chhattisgarh, effective 18 December 2025, citing non-cooperation from workmen. The company has indicated that the disruption is expected to result in an estimated production loss of around 10,000 tonnes of cement per day, though the financial impact is still being assessed. All plant assets are insured, which may mitigate potential damage-related losses, and management is monitoring the situation with a commitment to update stakeholders as developments unfold, highlighting near-term operational risk at a key facility and possible implications for supply to regional markets.

More about Shree Cement Limited

Shree Cement Limited is a major Indian cement manufacturer with plants across key markets, including Chhattisgarh, and is listed on both the National Stock Exchange and BSE. The company focuses on producing cement and related products for infrastructure and construction sectors, and also has listed non-convertible debentures in the debt segment, reflecting its access to capital markets for funding operations and expansion.

Average Trading Volume: 839

Technical Sentiment Signal: Hold

Current Market Cap: 937.7B INR

For a thorough assessment of SHREECEM stock, go to TipRanks’ Stock Analysis page.

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