Tag
Cement
16 articles
Cement companies are navigating a mix of operational, legal, and governance developments. UltraTech Cement is facing a legal challenge and has received leave to appeal from the Supreme Court, while Shree Digvijay Cement appointed a new Managing Director and approved a dividend at its recent AGM. Elsewhere, Burnpur Cement received approvals from both the BSE and NSE to reclassify promoters to the public category, addressing compliance matters. Additionally, Dwarka Cement Works saw a Gujarat High Court ruling modify interest payments, and Panyam Cements reported a narrowed loss but continues to face significant going concern challenges related to regulatory compliance and negative equity, highlighting ongoing risks for investors.
Supreme Court Dismisses SLP vs Shree Cement
The Supreme Court rejected a petition by Deputy Commissioner of Income Tax International Taxation, Jaipur, seeking condonation of a 301‑day filing delay.
The petition, arising from a High Court judgme
UltraTech Cement Q2 FY27 Earnings Call Intimation
UltraTech Cement schedules Q2 FY27 earnings call for October 19, 2026, at 4:00 PM IST to discuss quarterly results.
The India Cements Limited forwards holding company UltraTech's earnings call announc
UltraTech Cement Clarifies Material Price Movement
UltraTech Cement filed a regulatory clarification under SEBI LODR regarding material price movement in its shares.
The company confirmed no undisclosed events or mainstream media information triggered
UltraTech Cement Q2 FY27 Earnings Call Invitation
UltraTech Cement intimates an earnings call for its Q2 FY27 results scheduled for 19th October 2026 at 4:00 PM IST.
The call will feature a management discussion on quarterly performance followed by a
Barak Valley Cements AGM Approves Six Resolutions
Barak Valley Cements shareholders approved six resolutions at their 27th AGM held on September 29, 2026.
Resolutions included adoption of FY26 standalone and consolidated financial statements and re-a
Ultratech Cement SLP Dismissed by Supreme Court
Supreme Court heard a petition on 30 Sep 2026 filed by Ultratech Cement Ltd challenging a High Court judgment dated 19 Jun 2026.
The Court initially granted permission to file Special Leave Petition (
Chettinad Cement Tax Appeals Withdrawn
The Madras High Court dismissed three Income Tax appeals (assessment years 2002-03, 2003-04, 2005-06) as withdrawn.
The Department of Income Tax withdrew the appeals citing low tax impact per Circular
Ambuja Cements Subsidiaries Commission New Grinding Units
ACC Limited commissioned a 2.4 MTPA greenfield cement grinding unit expansion in Uttar Pradesh.
Bulk Cement India commissioned a 3.0 MTPA blending unit adding 1.0 MTPA capacity in Maharashtra.
Ambuja
ACC Commissions 2.4 MTPA Grinding Unit Expansion
ACC Limited commissioned a 2.4 MTPA greenfield cement grinding unit expansion in Salai Banwa, Uttar Pradesh.
Subsidiary Bulk Cement Corporation commissioned a 3.00 MTPA blending unit with 1.00 MTPA ad
Ambuja Cements Shareholders Approve ACC Amalgamation
Ambuja Cements shareholders approved the Scheme of Amalgamation with ACC Limited with 99.98% votes in favor through remote e-voting and e-voting.
The NCLT-convened meeting was held on September 29, 20
Mehta Family Trust Acquires 9.46% Saurashtra Cement Voting Rights
Mehta Family Trust indirectly acquired 9.46% voting rights in Saurashtra Cement via a 50.04% profit-sharing stake in Omna Enterprises LLP.
The acquisition was executed as an inter-se transfer pursuant
Deccan Cements 46th AGM Approves 10% Dividend
Deccan Cements held its 46th AGM virtually on September 29, 2026, with 115 shareholders attending via video conference.
Shareholders approved financial statements, a 10% final dividend, director reapp
HeidelbergCement India 67th AGM Approves Dividend, Reappointments
HeidelbergCement India held its 67th AGM virtually on 24 September 2026, approving key resolutions including financial statements.
Shareholders approved a dividend of ₹7 per equity share and reappoint
Burnpur Cement Promoters Reclassified to Public
Burnpur Cement received BSE approval for reclassifying promoters Rakhi Parikh and Shehul Sandip Parikh to public category.
The approval was granted via BSE letter LIST/COMP/KR/202/2026-27 dated Septem
Panyam Cements FY26 Loss Narrows to ₹382.4 Crore Amid Compliance Issues
Panyam Cements reported reduced net loss of ₹382.4 crore for FY26 versus ₹891.9 crore in FY25, with negative net worth of ₹239.5 crore and accumulated losses of ₹264.1 crore.
The company faces materia
Panyam Cements FY26 Net Loss ₹38.24 Crore
Panyam Cements reported FY26 net loss of ₹38.24 crore with negative shareholders' equity of ₹239.47 crore and material going concern uncertainty.
The company faced multiple regulatory non-compliances