Key Decision and Effective Date
The management of Sri Chakra Cement Limited has decided to lay off workmen at the company's unit situated at Sri Narasimhapuri, Karampudi, Andhra Pradesh. The layoff is effective from 1st August 2026 and will continue until further notice [indefinite period].
Operational Scope
The layoff affects specifically the workmen of the factory unit located at Sri Narasimhapuri, Karampudi, Andhra Pradesh. The decision follows a management review of the company's business operations.
Compensation and Statutory Compliance
All eligible workmen will be paid layoff compensation and other statutory dues as per existing legal provisions. The disclosure does not quantify the number of workmen affected or the financial impact of the compensation payments.