SHREE CEMENT LIMITED has informed the Exchange that the Board of Directors of the Company has today (i.e. on 4th April, 2026), approved setting up of an Integrated Cement Plant having Clinker capacity of 0.95 MTPA and Cement capacity of 0.99 MTPA at Village Daistong, East Jaintia Hills District in the state of Meghalaya.
SHREECEM · price
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Shree Cement's Board has approved setting up a new integrated cement plant at Village Daistong in East Jaintia Hills District, Meghalaya. The plant will have clinker capacity of 0.95 MTPA and cement capacity of 0.99 MTPA. The estimated investment is Rs. 1800 crore, to be funded through internal accruals and debt. The project is targeted for completion by Q4 FY2027-28 (March 2028). This is a greenfield expansion into a new geographic region for the company, with no existing capacity at this location.
Positive signal for growth-focused investors as the company is expanding its manufacturing footprint. The Rs. 1800 crore capex represents significant capital deployment and could drive future revenue growth once operational in 2028.