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Saurashtra Cement Limited is engaged in the business of manufacturing and selling of Cement. It markets cement under the brand name 'HATHI'. The Co is part of the Mehta Group which also has another Cement and Building materials company called Gujarat Sidhee Cement Limited.
Saurashtra Cement's annual profit surged to ₹14.42 Cr from ₹6.98 Cr, with revenue at ₹1,666.04 Cr. Gains were driven by lower energy costs and tax changes. Cement sales increased 12% due to capacity upgrades; paints grew 6%. Assets worth ₹11.46 Cr are held for sale.
Saurashtra Cement's Ranavav plant kiln is undergoing a ~24-day shutdown for annual maintenance. Importantly, cement & clinker dispatches will continue without interruption. This is an operational update.
Saurashtra Cement submitted its Annual Secretarial Compliance Report. The company confirmed full adherence to applicable regulations for the past year. No compliance deviations or regulatory actions were noted, indicating strong governance.
Saurashtra Cement's AGM successfully passed all key resolutions. Shareholders approved the company's financial statements, re-appointed a non-executive director, and confirmed auditor appointments for upcoming periods. These operational decisions garnered strong shareholder support, reflecting smooth governance.
Saurashtra Cement announces the successful conclusion of annual maintenance at its Ranavav, Gujarat cement plant. Critically, kiln operations at this facility are now scheduled to resume. This operational restart ensures continuity in production, mitigating any prolonged impact from the maintenance shutdown. This is a positive development for the company's manufacturing...