SHREECEMNSESHREE CEMENT LIMITED· Cement And Cement ProductsHighPositive
Announced Wed, 12 Nov · 13:53 IST

SHREE CEMENT LIMITED has informed the Exchange about commissioning of its Cement Millalso having capacity of 3.0 MTPA at Tehsil Jaitaran, District Beawar in the State of Rajasthan

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

Shree Cement Limited has commissioned a new cement grinding mill with a capacity of 3.0 million tonnes per annum (MTPA). The unit is located at Tehsil Jaitaran, District Beawar, in Rajasthan, which is part of the company's existing operational cluster. This addition meaningfully expands the company's cement production capacity, supporting its long-term volume growth plans. Cement mills of this scale typically involve significant capital outlay and strengthen backward integration for the company's grinding and distribution network.

Likely market impact

This is a positive development for shareholders, as the new 3.0 MTPA capacity will boost future production volumes and potential revenue. Investors should expect this capacity to gradually contribute to financials over the coming quarters as utilisation ramps up.