Company Disclosure
Sri Chakra Cement Limited (Scrip Code: BSE: 518053) has intimated the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding temporary suspension of its manufacturing operations.
Nature of Event
The company has temporarily suspended its manufacturing operations with effect from 27 June 2026. The suspension is complete and affects manufacturing operations at the company's factory situated at Karampudi, Guntur District, Andhra Pradesh.
Effective Date and Discovery
The suspension became effective on 27 June 2026, and the event came to the company's knowledge on the same date through internal operational reporting.
Reason for Suspension
The temporary suspension was necessitated due to acute working capital constraints affecting the company's ability to continue manufacturing activities in the normal course of business. The decision was taken as a prudent measure to prevent further capital erosion while the company actively pursues measures to improve its liquidity position.
Financial Impact Assessment
The company estimates an approximate revenue impact of ₹130 crore per annum (indicative) during the suspension period. Fixed overheads, statutory dues, and committed obligations continue to accrue despite the production cessation. A definitive quantification of financial impact depends on the duration of suspension and is currently not ascertainable.
Operational Scope
The suspension affects the company's manufacturing activity in its entirety, as the affected unit constitutes 100% of the company's operations.
Expected Duration
The suspension is temporary, but a precise timeline for recommencement cannot presently be ascertained. Resumption of operations is contingent upon successful mobilization of working capital and the outcome of ongoing funding and revival initiatives.
Insurance Coverage
All company assets are adequately insured to the extent of ₹151.50 crore under a Standard Fire and Special Perils insurance policy.
Promoter/Director Interest
No promoters, promoter group members, directors, or Key Managerial Personnel have any interest in this event.
Company Representation
The disclosure was signed by Vijay Kumar Kapilavai, Managing Director (DIN: 00769568), on 27 June 2026.