BSECompany Update1d ago · 29 Jul 2026, 07:05 pm

Intimation of lay off of workmen of the Company''s factory unit at Sri Narasimhapuri, Karampudi, Andhra Pradesh

Sri Chakra Cement Ltd · 518053

✦ AI Summary▼ NegativeRegulatory

Sri Chakra Cement Ltd has announced the layoff of workmen at its factory unit in Sri Narasimhapuri, Karampudi, Andhra Pradesh, effective August 1, 2026, due to a review of business operations. The company will pay layoff compensation and statutory dues to eligible workmen.

Analysis Scores

Earnings Impact5/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact4/10
Market Sentiment2/10

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Sri Chakra Cement Ltd - 518053 - Intimation Regarding Lay Off Of Workmen Of The Company'S Unit Situated At Sri Narasimhapuri, Karampudi, Andhra Pradesh

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Date: 29th July, 2026 The Manager, Listing Department, BSE Limited, PJ Tower, Dalal Street, Fort, Mumbai- 400001 Scrip Code: BSE: 518053 Dear Sir, Sub: Sub: Intimation regarding lay off of workmen of the Company’s unit situated at Sri Narasimhapuri, Karampudi, Andhra Pradesh Dear Sir/Madam, Pursuant to the requirement of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the management has reviewed the business operations of the Company. Accordingly the Company has regretfully decided to layoff the workers from 1st August, 2026 until further notice at the Company’s unit situated at Sri Narasimhapuri, Karampudi, Andhra Pradesh. Hence, the workmen of this factory unit of the Company will be laid off till further notice. All the eligible workmen will be paid lay off compensation and other statutory dues as per the existing legal provisions. This is for your information and dissemination. Yours Faithfully, For Sri Chakra Cement Limited Vijay Kumar Kapilavai Managing Director DIN: 00769568