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