Shree Cement received a final income tax assessment order for FY 2022-23 demanding ₹153.47 crore including interest.
The demand results from disallowances and will be adjusted against the company's pending tax refunds.
The company is pursuing legal remedies and expects the entire demand to be subside based on past outcomes.
This disclosure is made pursuant to SEBI LODR Regulation 30 following an earlier intimation on April 1, 2026.