Shree Digvijay Cement Co.Ltd — Important, 17-05-2025: General Updates
17-05-2025 | 05:15 pm
17-05-2025 | 05:15 pm
Shree Digvijay Cement is in a dispute over green power supply with Continuum Green Energy and CGE. Insolvency proceedings were dismissed by the National Company Law Tribunal. Arbitration has started as per Gujarat High Court’s directive, with interim relief ensuring continued power supply. The company is paying current dues and has deposited ₹9 Cr toward past claims. Both parties hold mutual financial claims, but these are immaterial and unlikely to impact operations or financial stability.
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