Sri Chakra Cement Ltd — Important, 27-06-2026: Company Update
27-06-2026 | 07:36 pm
27-06-2026 | 07:36 pm
Sri Chakra Cement Limited has temporarily suspended all manufacturing operations at its Karampudi unit due to acute working capital constraints, a step taken to prevent further capital erosion. This impacts 100% of the company's operations, with an estimated revenue loss of approximately ₹130 Cr annually, while fixed overheads continue. The company is actively seeking additional funding and exploring restructuring options to resume operations, but a precise timeline is currently unascertainable. It is safeguarding assets and complying with obligations.
No comments yet. Be the first to comment!
