Shree Cement to set up integrated cement plant in Meghalaya for INR 18 bln
This story was originally published at 09:08 IST on 6 April 2026
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--Shree Cement to set up integrated cement plant in Meghalaya for INR 18 bln
--Shree Cement's Meghalaya plant to have nearly 1 mtpa cement capacity
--Shree Cement's Meghalaya plant to have 0.95 mtpa clinker capacity
MUMBAI – Shree Cement Ltd. Saturday said it will set up an integrated plant in Meghalaya with a clinker capacity of 950,000 tonnes per annum and cement capacity of 990,000 tonnes per annum. The company expects to spend INR 18 billion for the plant and begin production by the March quarter of 2028.
The plant will be set up in Daistong village in East Jaintia Hills, Meghalaya. Shree Cement will finance the project through internal accruals and debt, it said in an exchange filing.
Thursday, shares of Shree Cement ended nearly 1% lower at INR 23,125 on the National Stock Exchange. Equity markets were shut Friday on account of Good Friday. For the December quarter, the company reported a net profit of INR 2.79 billion on revenue of INR 44.16 billion. End
Reported by Shruti Nair
Edited by Vandana Hingorani
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