Sri Chakra Cement Ltd (SRICC) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Sri Chakra Cement Ltd on NSE and BSE, with an AI summary of each filing.
Sri Chakra Cement Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve unaudited financial results ....
Intimation · 12 Nov 2026, 5:30 am
Sri Chakra Cement Schedules Board Meeting for Q2 FY27 Results Sri Chakra Cement Ltd. has scheduled a Board of Directors meeting on 12th Nov'26 to consider, approve, and take on record the un-audited financial results for the quarter and half-year ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for dealing in company securities has been closed for designated persons since 1st Oct'26 and will reopen 48 hours post the formal announcement of results to the stock exchange.
Intimation for resignation of Sriram Kapilavai as Director(Whole-time Director)
Change in Management · 26 Aug 2026, 3:15 am
Sri Chakra Cement Director Resigns, Citing Non-Operational Plant Sriram Kapilavai has resigned as Whole-time Director of Sri Chakra Cement (BSE: 518053), effective 25 Aug'26. In his resignation letter, Kapilavai cited the "current non-operational status of the plant" as a key reason, stating he could no longer contribute meaningfully. He also mentioned a desire to focus on personal growth and explore new career avenues. Kapilavai holds directorships in Aditya Spinners Limited and Envean Enterprises Private Limited and confirmed no other material reasons for his departure.
Scrutinizer report for the 44th Annual General meeting held on 19th August 2026
Annual General Meeting · 20 Aug 2026, 3:39 am
Intimation for re-appointment of Sri Vijayulu Reddy kaliki as Independent DIrector for second tenure of five years
Change in Management · 19 Aug 2026, 9:36 pm
Sri Chakra Cement Re-appoints Independent Director for Second Term Sri Chakra Cement (BSE: 518053) has re-appointed Sri K Vijayulu Reddy Kaliki as an Independent Director for a second five-year term, effective from 09 Nov'26. The re-appointment aims to strengthen the board. Kaliki, a Chartered Accountant with 40 years of experience, also serves as an Independent Director at Aditya Spinners Limited, where he is Chairman of the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. He has no relationship with other directors on Sri Chakra Cement's board.
Outcome/Proceedings of the 44th Annual General Meeting
Annual General Meeting · 19 Aug 2026, 9:34 pm
Intimation for appointment of Chief Financial Officer (CFO)
Change in Management · 15 Aug 2026, 2:12 pm
Sri Chakra Cement Appoints Vijay Kumar Kapilavai as New CFO Sri Chakra Cement (BSE: 518053) has appointed Sri Vijay Kumar Kapilavai as its new Chief Financial Officer, effective 14th Aug'26. He succeeds Mr. Srirama Vara Prasad Nendraganti, who resigned on 30th May'26. Kapilavai is a Commerce Graduate with over three decades of experience in production, finance, marketing, and company affairs control. The new appointee is related to directors Sri K Sriram and Smt K V Naga Lalitha. The appointment follows a recommendation from the Nomination & Remuneration and Audit Committees.
Results-Financial Results for June 30, 2026
Financial Result · 14 Aug 2026, 11:32 pm
Sri Chakra Cement Reports Q1 Results Amid Operational and Financial Headwinds For Q1 FY27, Sri Chakra Cement reported a standalone profit after tax of ₹23.25 lacs, improving from a loss of ₹1,175.16 lacs QoQ and a loss of ₹670.45 lacs YoY. Net sales stood at ₹2,626.46 lacs. However, the auditor's review highlighted significant concerns: manufacturing operations were suspended on 27 Jun'26 due to working capital constraints, the company has a negative net worth, and current liabilities exceed current assets. The company also received a demand notice for ₹2.91 crores under the Insolvency and Bankruptcy Code.
Outcome of Board Meeting held on 14th August 2026
Outcome · 14 Aug 2026, 11:23 pm
Sri Chakra Cement Board Meeting Outcomes: Q1 Results Approved, New CFO Appointed Sri Chakra Cement's board, in a meeting on 14 Aug'26, approved the unaudited financial results for the quarter ending 30 Jun'26. Additionally, the board approved the appointment of Sri Vijay Kumar Kapilavai as the new Chief Financial Officer (CFO), effective immediately from 14 Aug'26.
Sri Chakra Cement Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve unaudited financial results ....
Intimation · 14 Aug 2026, 5:30 am
Sri Chakra Cement Board Meeting Set for Q1 FY27 Results Sri Chakra Cement (BSE: 518053) has scheduled a Board of Directors meeting for 14 Aug'26. The primary agenda is to consider and approve the un-audited financial results for the quarter ended 30 Jun'26. In compliance with SEBI regulations, the trading window for designated persons has been closed from 01 Jul'26 and will reopen 48 hours after the results are announced to the stock exchange.
Intimation under Regulation 30 of SEBI (LODR) for receipt of demand notice from supplier
Others (Uncategorized) · 02 Aug 2026, 3:36 am
Sri Chakra Cement Receives IBC Demand Notice for Rs 2.91 Crore Sri Chakra Cement (BSE: 518053) received a demand notice on 1st Aug'26 under the Insolvency and Bankruptcy Code, 2016 from coal supplier Ushodaya Enterprises. The notice demands payment for an unpaid operational debt of Rs 2.91 crore (Rs 2,90,69,041) plus applicable interest. The company is reviewing the claim with legal counsel and aims for an amicable settlement within statutory timelines. Management states it does not anticipate any material impact on its operations or financial position from this matter.
Intimation of lay off of workmen of the Company''s factory unit at Sri Narasimhapuri, Karampudi, Andhra Pradesh
Others (Uncategorized) · 30 Jul 2026, 12:35 am
Sri Chakra Cement to Lay Off Workers at Andhra Pradesh Plant Sri Chakra Cement (BSE: 518053) announced its decision to lay off all workmen at its Sri Narasimhapuri factory unit in Andhra Pradesh. The layoff is effective from 01 Aug'26 and will continue until further notice. Management cited a review of business operations as the reason for the workforce reduction. The company has committed to paying all eligible workmen layoff compensation and other statutory dues in accordance with legal provisions. This action indicates a potential operational halt or significant restructuring at the specified unit.
Corrigendum to 44th Annual Report of the Company for the Financial Year 2025-26
Others (Uncategorized) · 27 Jul 2026, 11:22 pm
Intimation of record date fixed for the purpose of 44th Annual General Meeting to be held on 19th August 2026 at 12.00 Noon
Others · 25 Jul 2026, 12:38 am
Notice of 44th Annual General Meeting to be held on 19th August 2026 at 12.00 Noon
Annual General Meeting · 25 Jul 2026, 12:34 am
Annual Report for the FY 2025-26
Others (Uncategorized) · 25 Jul 2026, 12:32 am
Intimation of 44th Annual General Meeting to be held on 19th August 2026 at 12.00 Noon through Video conferencing/Other Audio Visual Means
Annual General Meeting · 25 Jul 2026, 12:26 am
Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015-Temporary suspension of manufacturing operations
Others (Uncategorized) · 28 Jun 2026, 1:06 am
Sri Chakra Cement Halts All Manufacturing Due to Working Capital Crisis Sri Chakra Cement has temporarily suspended 100% of its manufacturing operations, effective 27 Jun'26, due to acute working capital constraints. The shutdown, implemented to prevent further capital erosion, impacts its entire business at the Karampudi unit. The company estimates a revenue loss of approximately ₹130 Crore per annum while fixed costs continue to accrue. Management is exploring funding and restructuring options to resume operations, but a specific timeline for recommencement has not been determined and is contingent on successful capital mobilization.
Intimation for resignation of CFO and Key Managerial Person
Change in Management · 31 May 2026, 12:04 am
Sri Chakra Cement CFO Srirama Vara Prasad Nendraganti Resigns Sri Chakra Cement (BSE: 518053) announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel, Mr. Srirama Vara Prasad Nendraganti, effective from the close of business on 30th May'26. The company cited personal reasons and the pursuit of other career options for his departure. The Board of Directors will take the resignation on record at its next meeting. Sri Chakra Cement is currently in the process of appointing a successor and will notify the exchange accordingly.
Appointment of Sri Vijayulu Reddy kaliki as Independent Director for second tenure of five years subject to approval of members
Change in Management · 23 May 2026, 4:50 pm
Sri Chakra Cement Re-Appoints K Vijayulu Reddy Kaliki as Independent Director Sri Chakra Cement (BSE: 518053) announced its Board has approved the re-appointment of Sri K Vijayulu Reddy Kaliki as an Independent Director for a second five-year term, effective from 9th Nov'26. The appointment is subject to shareholder approval at the next Annual General Meeting. Kaliki is a qualified Chartered Accountant with 40 years of experience. The company stated the reason for re-appointment is to strengthen the Board.
Intimation for Appointment of Internal Auditor, Cost Auditor for the FY 2026-27
Change in Auditor · 23 May 2026, 4:48 pm
Sri Chakra Cement Appoints Auditors for FY27 Sri Chakra Cement's board, at its meeting on 22nd May'26, approved the appointment of M/s. T Mohan & Associates as the Internal Auditor and M/s. Naval & Associates as the Cost Auditor. Both appointments are for the financial year 2026-27. These appointments were made based on the recommendation of the Audit Committee. The company confirmed there is no relationship between the appointed firms and the company's directors.
Results-Integrated Filing (Results) for March 31, 2026
Financial Result · 23 May 2026, 5:09 am
Sri Chakra Cement FY26 Results: Widened Losses Amidst Rising Revenue For FY26, Sri Chakra Cement reported a net loss of ₹22.91 crore, widening from ₹56.83 crore YoY, despite revenue from operations rising 19.6% YoY to ₹128.55 crore. The Q4FY26 net loss was ₹1.76 crore against a loss of ₹18.78 crore in Q4FY25, with revenue up 9.9% YoY to ₹30.17 crore. Total expenses for FY26 decreased marginally to ₹167.91 crore from ₹169.26 crore. The Board approved the audited results for the year ended 31 Mar'26, which received an unmodified opinion from auditors.
Outcome of Board Meeting held on 22nd May 2026
Outcome · 23 May 2026, 5:06 am
Sri Chakra Cement Board Approves FY26 Financials and Key Appointments The Board of Directors approved the audited financial results and Audit Report for the financial year 2025-26 and the quarter ended 31st Mar'26. The Board also approved the Directors' Report for FY26. Key appointments include the re-appointment of Sri K Vijayulu Reddy as Independent Director for a second five-year term, effective 9th Nov'26, subject to shareholder approval. Additionally, M/s. T Mohan & Associates and M/s. Naval & Associates were appointed as Internal Auditor and Cost Auditor, respectively, for FY 2026-27.
Sri Chakra Cement Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider and approve audited financial results ....
Intimation · 22 May 2026, 5:30 am
Sri Chakra Cement to Announce Q4 & FY26 Results on 22-May-26 Sri Chakra Cement (BSE: 518053) has scheduled a Board of Directors meeting for 22-May-26 to approve the audited financial results for the quarter and year ended 31-Mar-26. The trading window for designated persons has been closed since 01-Apr-26 and will reopen 48 hours after the results are announced.
Announcement under Regulation 30-Sale of certain assets of the Company
Others (Uncategorized) · 27 Mar 2026, 6:36 pm
Sri Chakra Cement Sells Non-Core Assets to J. K. Cement Sri Chakra Cement's board, on 26th Mar'26, approved the sale of non-operational assets to J. K. Cement Ltd for approximately ₹8.08 crores. The assets include a grinding unit's plant, machinery, and 7.08 acres of land in Vizianagaram, A.P. This transaction, entered on 27th Mar'26, is part of the company's strategy to monetize non-core assets. The deal is not a related-party transaction and is expected to have no material impact on ongoing operations, pending final agreements and due diligence.
Results-Financial Results for December 31, 2025
Financial Result · 05 Feb 2026, 8:30 pm
Sri Chakra Cement Q3 FY26 Loss Widens Despite Lower Revenue Sri Chakra Cement (BSE: 518053) reported a net loss of Rs 943.72 lakh for the quarter ended 31 Dec'25, widening from a loss of Rs 500.88 lakh in the prior quarter. Revenue from operations declined 22.8% QoQ to Rs 2,661.04 lakh. Total expenses decreased to Rs 3,710.64 lakh from Rs 4,073.92 lakh QoQ. The loss before tax stood at Rs 981.33 lakh. Consequently, the basic EPS for the quarter was negative at Rs (10.49), deteriorating from Rs (5.57) in the previous quarter.