SHREE CEMENT LIMITED (SHREECEM) — Announcement Announcement
📢 Key Event
Shree Cement receives final tax assessment order for FY 2022-23
💡 Investor Takeaway
Shareholders should note the tax demand is likely fully reversible with no expected financial or operational impact.
Shree Cement disclosed a final income tax assessment order for FY 2022-23 dated May 15, 2026, requiring a demand of Rs. 153.47 crores including interest, which will be adjusted against pending refunds. The company expects no material impact on financials or operations as it plans remedial actions advised by legal counsel, with potential full subside of the demand based on past appellate outcomes.
📄 View Original Announcement (PDF)
About SHREE CEMENT LIMITED (SHREECEM)
Construction Materials · Cement & Cement Products · Listed on NSE
Market Cap: ₹90,093.63 Cr
P/E: 73.6
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.