Key Quantitative Figures
The company has received a demand notice for unpaid operational debt of ₹2,90,69,041 (Rupees Two Crores Ninety Lakhs Sixty-Nine Thousand and Forty One) plus interest as applicable to MSME units.
Dates of Action
- Date of receipt of the notice: 01/08/2026
- Disclosure date: 01/08/2026
Parties Involved
- Creditor: Ushodaya Enterprises (coal supplier)
- Listed Entity: Sri Chakra Cement Limited
Nature of Debt
The debt is operational debt related to supply of coal to the company.
Current Status and Company Response
The Company is in the process of reviewing the notice in consultation with its legal counsels and is evaluating the claims raised in the said notice. The Company expects to resolve and settle the matter amicably within the statutory timelines.
Financial Impact Assessment
As per the disclosure, there is no additional financial impact on the operations or other activities of the Company quantifiable in monetary terms. The company does not anticipate any additional material impact on its operations or financial position.