Shree Cement announced a significant 55.60% rise in net profit for FY26, reaching ₹1,748.66 crore. Total income also saw an 8.72% increase. The company's cement sales volume grew by 11% year-on-year. The company is expanding its ready-mix concrete business and commissioned a new integrated plant in Karnataka. The board recommended a dividend of ₹70 per equity share.

Mumbai, May 05: Shree Cement Limited, one of India’s leading cement manufacturers, has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan under the Mukhyamantri Jal Swavlamban Abhiyan (MJSA). The MoU was signed [...] The post Shree Cement Signs MoU with Rajasthan Government to Support Water Conservation Initiatives appeared first on Business News This Week .

Despite rising costs from global crises, Shree Cement is expanding, aiming for 80 MTPA. Chairman HM Bangur highlighted the company's strong position and gradual price adjustments. He noted a shift in consumer preference towards premium cement, driven by evolving expectations and India's economic growth fueling housing and infrastructure demand.

Shree Cement has approved setting up an integrated cement plant in Meghalaya with a clinker capacity of 0.95 MTPA and a cement capacity of 0.99 MTPA. The Rupees 1,800 crore project, cleared on April 4, 2026, will be funded through internal accruals and debt, with completion targeted by the quarter ending March 2028, marking a strategic expansion into the northeastern region.

… plant in Meghalaya, with an estimated investment of ₹1,800 crore, the company …

Shree Cement has been declared the preferred bidder for the Dommarnandyala-1 limestone block in Andhra Pradesh. The block, located in the YSR Kadapa District, covers an area of 373 hectares…

Shree Cement has been declared the preferred bidder for the Dommarnandyala - 1 Limestone Block in Andhra Pradesh. The block, located in the YSR Kadapa District, spans an area of…

Shillong, Feb 15: Shillong MP Ricky A J Syngkon has sought an immediate freeze on the environmental clearance process for a proposed integrated cement plant in Meghalaya’s East Jaintia Hills district, citing serious environmental and procedural concerns. In a representation to Union Environment, Forest and Climate Change Minister Bhupender Yadav, Syngkon urged authorities to suspend proceedings related to the project proposed by Shree Cement Limited at Daistong village, pending an independent review into alleged irregularities and cumulative environmental impacts. The project includes a 0.95 million tonnes per annum (TPA) clinker unit, a 0.99 million TPA cement grinding unit, a 15 MW captive power plant, a 7 MW waste heat recovery system and associated infrastructure spread across 25.08 hectares. Noting that East Jaintia Hills already hosts several cement and extractive industries, the MP cautioned against evaluating projects in isolation. He warned that granting clearance without assessing cumulative regional impacts could weaken environmental safeguards and undermine sustainable development principles.

CORRESPONDENT SHILLONG: In a dramatic escalation that has taken the battle from a remote village in East Jaintia Hills to the corridors of power in New Delhi, more than 200 residents of Daistong have petitioned Prime Minister Narendra Modi and Union Home Minister Amit Shah , seeking the suspension of what they term an "illegal" public hearing for a proposed cement plant by Shree Cement Ltd. The villagers have alleged that authorities conducted the December 19, 2025 environmental public hearing despite serious procedural lapses, including an alleged no-objection certificate issued by the dorbar shnong without the knowledge or consent of the residents. Local activist Reachingson Siangshai, speaking on behalf of the villagers on Saturday, said authorities must halt the hearing immediately as the village authorities had entered into an agreement with the company "without the knowledge of the residents". He further claimed that the village authorities never made the agreement public within the village. "The agreement… is not known to the people of the village," he said.