SHREE CEMENT LIMITED has informed the Exchange regarding 'Receipt Of Order From West Bengal Pollution Control Board'.
SHREECEM · price
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Shree Cement's wholly owned subsidiary, Shree Cement East Private Limited, received an order from the West Bengal Pollution Control Board imposing a penalty of Rs. 10 lakh. The penalty is for violations of certain environmental norms observed during an inspection, including issues related to fugitive emissions, rainwater harvesting arrangements, and wind breaking walls. The order was dated 24th September 2025 and received by the company on 29th September 2025. The company has stated the penalty has no major financial impact and is taking necessary legal measures to address the matter.
The Rs. 10 lakh penalty is negligible for a company of Shree Cement's size and is not expected to materially affect financials. However, repeated environmental violations at subsidiaries could invite stricter regulatory scrutiny in the future.