Shree Digvijay Cement Co.Ltd CEO, MD, chairman, board of directors and AGM
NSE: SHREDIGCEMBSE: 502180Cement & Cement ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹61.10.
- Next results date: the board meets on 23 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹831 Cr1,445th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 46.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 Apr 2026
- 2.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.78%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 4.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 24 Jul 2026
- 4.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.40
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,07,36828.6% delivered
Shree Digvijay Cement Co.Ltd board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonAnil Singhvi
- Managing director and CEOAmit Arora
- Company Secretary and Compliance OfficerSuresh Meher
6 directors3 independent2 executive1 non-executive
- Anil Singhvi · ChairpersonExecutive · joined Apr 2019 · reappointed Mar 2024 · 1 listed board · 1 committee seat
- Mahesh GuptaIndependent · joined Apr 2019 · reappointed Apr 2024 · 29 months as independent · 2 listed boards · 1 as independent · 2 committee seats, 2 as chair
- Satish KulkarniIndependent · joined Jun 2020 · reappointed Jun 2025 · 16 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Mitu Samarnath JhaIndependent · joined Apr 2023 · 41 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- Shitij Ramesh KaleNon-executive · joined Dec 2025 · 1 listed board · 2 committee seats
- Amit Arora · Managing director and CEOExecutive · joined Jun 2026 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Ramanujan Krishnakumar, left 6 Feb 2026: Others
- Pramod Kabra, left 18 Dec 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 24 Jul 20266 of 6 present3 independent · 55 days in between
- 29 May 20265 of 5 present3 independent
Audit Committee
Chair Mahesh Gupta
Satish Kulkarni, Shitij Ramesh Kale
- 24 Jul 20263 of 3 present2 independent · 85 days in between
- 29 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Mitu Samarnath Jha
Satish Kulkarni, Shitij Ramesh Kale
- 24 Jul 20263 of 3 present2 independent · 85 days in between
- 29 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Mitu Samarnath Jha
Shitij Ramesh Kale, Anil Singhvi
No meeting listed in the filing.
Risk Management Committee
Chair Mahesh Gupta
Shitij Ramesh Kale, Satish Kulkarni
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Satish Kulkarni
Anil Singhvi, Shitij Ramesh Kale, Amit Arora
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- BSR and CoPeer-review certificate valid to Apr 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Shree Digvijay Cement Co.Ltd AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Shree Digvijay Cement Co.Ltd dividend history
Annual general meeting, 16 Sep 2026
80,556 shareholders on the register on 9 Sep 2026; present: 3 promoters and 56 others; votes counted by MANOJ R HURKAT / MANOJ HURKAT AND ASSOCIATES.The company's voting result (opens in a new tab)
1 - To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 64.15% · promoters 100.00% · institutions 0.07% · other public 1.29%
- 2 - To declare Dividend on Equity Shares of the Company for the Financial Year ended 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 64.15% · promoters 100.00% · institutions 0.07% · other public 1.29%
- 3 - To appoint a Director in place of Mr. Anil Singhvi (DIN: 00239589), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 64.15% · promoters 100.00% · institutions 0.07% · other public 1.29%
- 4 - Appointment of Mr. Amit Arora (DIN: 11746165) as a Managing Director of the Company and fixation of remuneration payable to him:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 64.15% · promoters 100.00% · institutions 0.07% · other public 1.29%
- 5 - Ratification of Remuneration payable to Cost Auditor for the Financial Year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 64.15% · promoters 100.00% · institutions 0.07% · other public 1.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 14 Mar 2026, 1 resolution
85,864 shareholders on the register on 6 Feb 2026; votes counted by MANOJ R. HURKAT / MANOJ HURKAT & ASSOCIATES.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. SHITIJ RAMESH KALE (DIN: 08593079) AS A NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOROrdinaryPromoters have an interest in it99.87% for0.13% against
Against: promoters 0.00% · institutions 0.00% · other public 0.85%
Turnout: all 64.18% · promoters 100.00% · institutions 0.04% · other public 22.64%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Oct 2025, 3 resolutions
94,354 shareholders on the register on 12 Sep 2025; votes counted by MANOJ R. HURKAT / MANOJ HURKAT & ASSOCIATES.The company's voting result (opens in a new tab)
- Increase in Borrowing Powers of the Board of Directors from INR 500 crores TO INR 750 Crores.Special98.68% for1.32% against
Against: promoters 0.00% · institutions 97.63% · other public 0.80%
Turnout: all 58.07% · promoters 100.00% · institutions 29.58% · other public 6.20%
- Creation of Charge / Providing of Security on the Assets of the CompanySpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.93%
Turnout: all 58.07% · promoters 100.00% · institutions 29.58% · other public 6.20%
- Making Investments, giving Loans, Guarantees and Security in excess of Limits Specified under Section 186 of the Companies Act, 2013Special98.66% for1.34% against
Against: promoters 0.00% · institutions 97.63% · other public 1.20%
Turnout: all 58.07% · promoters 100.00% · institutions 29.58% · other public 6.19%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Aug 2025, 7 resolutions
94,905 shareholders on the register on 22 Aug 2025; present: 1 promoter and 66 others; votes counted by MANOJ HURKAT / MANOJ HURKAT & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2025 together with the Reports of the Board of Directors and the Auditors thereon; and (b)the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2025 together with the Reports of the Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 57.35% · promoters 100.00% · institutions 24.73% · other public 4.49%
- To declare Dividend on Equity Shares of the Company for the Financial Year ended 31st March, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 57.35% · promoters 100.00% · institutions 24.73% · other public 4.49%
- To appoint a Director in place of Mr. Anil Singhvi (DIN: 00239589), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 57.35% · promoters 100.00% · institutions 24.73% · other public 4.49%
- Re-appointment of Mr. Satish Kulkarni (DIN: 08741350) as an Independent Director of the Company:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 57.35% · promoters 100.00% · institutions 24.73% · other public 4.49%
- Remuneration to Non-Executive Directors:Ordinary99.80% for0.20% against
Against: promoters 0.00% · institutions 0.00% · other public 6.06%
Turnout: all 57.35% · promoters 100.00% · institutions 24.73% · other public 4.49%
- To appoint M/s. Manoj Hurkat & Associates, Company Secretaries as Secretarial Auditors for the term of 5 (Five) consecutive years and to fix their remuneration.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 57.35% · promoters 100.00% · institutions 24.73% · other public 4.49%
- Ratification of Remuneration payable to Cost Auditor for the Financial Year 2025-26:Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 57.35% · promoters 100.00% · institutions 24.73% · other public 4.49%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Jul 2024, 5 resolutions
Present: 1 promoter and 84 others.The company's voting result (opens in a new tab)
1. To consider and adopt :n(a) the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2024, together with the Reports of the Board of Directors and the Auditor thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024 together with the Reports of the nAuditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 59.16% · promoters 100.00% · institutions 83.53% · other public 5.37%
- To declare Dividend on Equity Shares of the Company for the Financial Year ended 31st March, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.16% · promoters 100.00% · institutions 83.53% · other public 5.37%
- To appoint a director in place of Mr. Pramod Kabra (DIN:02252403), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.46% for0.54% against
Against: promoters 0.00% · institutions 15.69% · other public 0.06%
Turnout: all 59.16% · promoters 100.00% · institutions 83.53% · other public 5.37%
- Re-appointment of Mr. Mahesh Gupta (DIN: 00046810) as an Independent Director of the CompanySpecial99.71% for0.29% against
Against: promoters 0.00% · institutions 8.32% · other public 0.09%
Turnout: all 59.16% · promoters 100.00% · institutions 83.53% · other public 5.37%
- Ratification of Remuneration to Cost Auditor for the Financial Year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 59.16% · promoters 100.00% · institutions 83.53% · other public 5.37%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 5 Mar 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Ramanujan Krishnakumar(DIN: 10412896) as a Managing Director of Company and fixation of remuneration payable to him.Special99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 67.39% · promoters 100.00% · institutions 92.04% · other public 21.80%
- Re-appointment of Mr. Anil Singhvi(DIN: 00239589) as Executive Chairman of the Company and fixation of remuneration payable to him.Special99.75% for0.25% against
Against: promoters 0.00% · institutions 0.00% · other public 1.90%
Turnout: all 67.39% · promoters 100.00% · institutions 92.04% · other public 21.80%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Jun 2023, 6 resolutions
Present: 1 promoter and 98 others.The company's voting result (opens in a new tab)
- Adoption of Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended on 31st March, 2023Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 62.95% · promoters 100.00% · institutions 31.45% · other public 15.52%
- To confirm payment of interim dividend and to declare final dividend for the financial year 2022-23Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 63.04% · promoters 100.00% · institutions 34.61% · other public 15.52%
- Re-appointment of Mr. Pramod Kabra as Director retiring by rotationOrdinary99.19% for0.81% against
Against: promoters 0.00% · institutions 26.54% · other public 3.97%
Turnout: all 63.04% · promoters 100.00% · institutions 34.61% · other public 15.52%
- Appointment of Ms. Mitu Jha (DIN: 07244627) as an Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 63.04% · promoters 100.00% · institutions 34.61% · other public 15.52%
- Appointment of Statutory Auditors and fixing their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 63.04% · promoters 100.00% · institutions 34.61% · other public 15.52%
- Ratification of remuneration to Cost AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 63.04% · promoters 100.00% · institutions 34.61% · other public 15.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Jun 2022, 5 resolutions
Present: 1 promoter and 77 others.The company's voting result (opens in a new tab)
- Adoption of Audited Financial Statements (including Consolidated Financial Statements) for the financial year ended on 31st March, 2022Ordinary97.64% for2.36% against
Against: promoters 0.00% · institutions 0.00% · other public 14.65%
Turnout: all 67.11% · promoters 100.00% · institutions 81.36% · other public 24.73%
- Confirmation of Interim Dividend paid and to declare final dividend on equity shares for the year ended on 31st March, 2022Ordinary97.78% for2.22% against
Against: promoters 0.00% · institutions 0.00% · other public 13.92%
Turnout: all 67.01% · promoters 100.00% · institutions 81.36% · other public 24.52%
- Re-appointment of Mr. Anil Singhvi (DIN: 00239589) as Director of the CompanyOrdinary97.76% for2.24% against
Against: promoters 0.00% · institutions 1.90% · other public 13.98%
Turnout: all 67.01% · promoters 100.00% · institutions 81.36% · other public 24.52%
- Payment of Remuneration to Executive ChairmanSpecial97.76% for2.24% against
Against: promoters 0.00% · institutions 0.00% · other public 14.01%
Turnout: all 67.01% · promoters 100.00% · institutions 81.36% · other public 24.52%
- Ratification of Remuneration to Cost AuditorOrdinary97.78% for2.22% against
Against: promoters 0.00% · institutions 0.00% · other public 13.93%
Turnout: all 67.01% · promoters 100.00% · institutions 81.36% · other public 24.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyNational Stock Exchange of India LimitedSince 25 Aug 2026
Penalty regarding violation of Reg 17(1) of LODR for composition of the Board of the Company
- Fine or penaltyBSE LimitedSince 25 Aug 2026
Penalty regarding violation of Reg 17(1) of LODR for composition of the Board of the Company
- Tax disputeCommissioner of Central Excise & Service Tax (Appeal) - RajkotSince 30 Jun 2011Matter is pending with CESTAT AhmedabadAt the filing before: Supply of Cement by the Company at Concessional Rate of Duty to the Particular Class of Buyer i.e. Non Trade Supply. Total Amount involved is of Rs. 515.75 Lakhs
- Tax disputeCommissioner of Central Excise & Service Tax (Appeal) - RajkotSince 13 Dec 2013Matter is pending with Commissioner of Central Excise & Service Tax (Appeal) - RajkotAt the filing before: It is a matter of Procedure lapse in the matter of non-compliance on timely submission of ARE-1. Total amount involved is of Rs. 1.19 Lakhs
- Tax disputeCommissioner of Central Excise & Service Tax (Appeal) - RajkotSince 27 Jan 2015Matter is pending with Commissioner of Central Excise & Service Tax (Appeal) - Rajkot
At the filing before: Commissioner has disallowed availment of CENVAT credit on Capital Goods like TMT Bars, Channels, Angels, Beams,etc. used for Constructing the Supporting infrastructure. Total amount involved is of Rs. 48.46 LakhsMoreLess
- Tax disputeCommissioner of Central Excise & Service Tax (Appeal) - RajkotSince 26 Dec 2013Matter is pending with Commissioner of Central Excise & Service Tax (Appeal) - Rajkot
At the filing before: It is a matter of Procedural lapse Credit availed directly in Personal Ledger Account (PLA) against Service Tax Payment, based on the Order issued by Commissioner (Appeal), instead of taking REFUND claim of Service Tax credit. Total amount involved is of Rs. 27.45 LakhsMoreLess
- Tax disputeCommissioner of Central Excise & Service Tax (Appeal) - RajkotSince 19 Oct 2012Matter is pending with Commissioner of Central Excise & Service Tax (Appeal) - Rajkot
At the filing before: It is a matter of CENVAT Credit of Service Tax on Telephone (Landline) used in the residential colony and Guest House of the Company during the period from Apr-2006 to Mar-2011. Total amount involved is of Rs. 0.42 Lakhs.MoreLess
- Tax disputeCESTAT - AhmedabadSince 20 Mar 2013Matter is pending with CESTAT - Ahmedabad
At the filing before: Service Tax [on Goods Transport Agency (GTA) - Marketing] on GTA without abatement of 75% on a/c of Non compliance with the condition of the relevant Notification. Total amount involved is of Rs. 4.10 Lakhs.MoreLess
14 more
- Tax disputeCESTAT - AhmedabadSince 30 Sep 2014Matter is pending with CESTAT - Ahmedabad
At the filing before: Service Tax on Differential Freight shown in Freight Ledger & ST-3 Return. Demand confirmed to the extent of Service Tax Amount as Penalty under Section 76 & 78. Total amount involved is of Rs. 9.35 LakhsMoreLess
- Tax disputeCESTAT - AhmedabadSince 8 Aug 2022Matter is pending with CESTAT - Ahmedabad
At the filing before: Non payment of service tax on Royalty charges under Reverse charge Mechanism, on Limestone extracted from captive mines during the period FY 2016-17 and FY 2017-18 (Up to June -2017). Total amount Involved is of Rs. 234.38 LakhsMoreLess
- Tax disputeCESTAT - AhmedabadSince 30 May 2014Matter is pending with Higher Bench of CESTAT - Chennai/ New Delhi
At the filing before: The matter is related to classification / nominclature issue on coal import (Steam Coal Vs Bituminus Coal). It is a common issue of all cement industries PAN India. Total amount involved is of Rs. 451.55 LakhsMoreLess
- Tax disputeCommissioner(A) Customs - AhmedabadSince 2 Aug 2022Matter is pending with Dy.Commissioner of Customs (Adjucating Authority)
At the filing before: Interpretation / Valuation Issue of assessing Custom Duty on Coal Import where Barge Charges are included in Assessable Value of Import Coal. The Authority Concerned (Commissioner of Custom (A)-Ahmedabad) has issued OIA where in the matter has been remand back to the adjudicating Authority for Re-Examine and Re-Consideration the issue. Total Amount involved is of Rs. 26.14 LakhsMoreLess
- Tax disputeThe Joint Commissioner (Appeals) of Income-tax.Since 22 Mar 2024The Joint Commissioner (Appeals) of Income-tax.At the filing before: For AY 2018-19, the assessment is re-opened with alleged ground that the company has entered into sham transactions. Total amount involved is of Rs. 87.08 Lakhs
- Tax disputeDy. Commercial Tax Commissioner, Ahmedabad Corporate CellSince 4 Oct 2013The Joint Commissioner (Appeals) of Commercial TaxAt the filing before: 01) Purchase of Fly Ash from Gujarat Electricity Board considered as Unregistered Dealer (URD) Purchase. 02) Deemed Export against Form H disallowed and considered as Taxable Sales. Year - 2009-10
- Tax disputeDy. Commercial Tax Commissioner, Ahmedabad Corporate Cell/ Asst. Commercial Tax Officer JamnagarSince 24 Jan 2014The Joint Commissioner (Appeals) of Commercial Tax
At the filing before: 01) Disallowance of Input Tax Credit / Central Sales Tax (CST) Credit on account of Input-Tax Credit (ITC) mis-match on Input and Capital Goods. 02) Input Tax Credit disallowed on Petroleum Coke. Year - 2010-11,2014-15, 2015-16, 2016-17, 2017-18MoreLess
- Tax disputeDy. Commercial Tax Commissioner, Ahmedabad Corporate CellSince 5 Mar 2021The Joint Commissioner (Appeals) of Commercial TaxAt the filing before: VAT Credit utilized for CST Liability disallowed. Year - 2016-17
- Tax disputeCESTAT - AhmedabadSince 18 Mar 2016Matter is settled in Company's favour at CESTAT - Ahmedabad vide OIA dated 07-10-2024 & 04-12-2024At the filing before: Case finalized in Companies favour on Duty demand on intermediate product (clinker) used as Input for manufacturing of final exempted goods. Amount Involved Rs. 387.58 Lakhs
- Tax disputeCESTAT - AhmedabadSince 18 Dec 2014Matter is settled in Company's favour at CESTAT - Ahmedabad vide OIA dated 25-11-2024 & 04-12-2024At the filing before: Case finalized in Companies favour on availment of Input Credit of Service Tax Paid on outward fright on supply of Goods on FOR Basis. Amount Involved Rs. 1892.59 Lakhs
- Tax disputeCESTAT - AhmedabadSince 29 Dec 2015Matter is settled in Company's favour at CESTAT - Ahmedabad vide OIA dated 03-12-2024At the filing before: Case finalized in Companies favour on availment of CENVAT Credit in respect of Industrial Constructions & other Industrial Complexes. Amount Involved Rs. 119.54 Lakhs
- Tax disputeCESTAT - AhmedabadSince 29 Jan 2024Matter is settled in Company's favour at CESTAT - Ahmedabad vide OIA dated 13-11-2024At the filing before: Case finalized in Companies favour on availment of Exemption notification No. 32/2004-ST & 1/2006-ST on GST Services. Amount Involved Rs. 15.69 Lakhs
- Tax disputeService Tax Dept. Govt. of IndiaSince 21 May 2019Cenvat Credit on Service Tax under Goods Transport Agency (GTA) - Outward Freight (Case Period:- Since 2005, Continous Periodical SCN's Rcvd)At the filing before: Under Process- Dept. has filed an appeal at GHC against CESTAT Favourable order No. 12825- 12829/ 2024 dated 24.11.2024. Amont involved is Rs. 15,22,138.
- Tax disputeAdditional Commissioner of CustomSince 31 Oct 2025Under Process
At the filing before: Custom Duty Demand in refernece to CTHS (Custom Tarrif Heading) declared for clearance of import consignment (Xray Analysier Part) effected at Air Cargo Complex Mumbai in the Year 2019 without payment of Duty. It a issue of interpretation of CTHS. Amont involved is Rs. 28,871.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.